City of Southfield General Employees' Retirement v. Advance Auto Parts, Inc.

  1. February 17, 2026

    4th Circ. Won't Revive Advance Auto Parts Fraud Suit

    The Fourth Circuit on Tuesday declined to revive a suit by investors claiming Advance Auto Parts and its top brass misled them about the failure of a new pricing strategy and about accounting errors, ruling they failed to allege the auto parts retailer had wrongful intent.

  2. August 27, 2025

    Investors Push 4th Circ. To Revive Auto Parts Fraud Suit

    Investors who accused Advanced Auto Parts and its top brass of misleading them about the failure of a new pricing strategy and purposefully inflating the impact of price reductions have urged the Fourth Circuit to revive their suit, arguing that they can't downplay the allegedly false accounting as insignificant, among other things.