Cove Street Capital Announces it has Voted NO on "Legacy" Directors of Motorcar Parts of America [Yahoo! Finance]
Motorcar Parts of America, Inc. (MPAA)
Last motorcar parts of america, inc. earnings: 2/10 08:00 am
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US:NASDAQ Investor Relations:
investors.motorcarparts.com/investor-relations
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Source: Yahoo! Finance
EL SEGUNDO, CA / ACCESSWIRE / August 5, 2024 / Cove Street Capital, LLC, on behalf of its clients and related entities, issued a public letter to the shareholders of Motorcar Parts of America, Inc (Nasdaq:MPAA) announcing it has voted NO with respect to all "legacy" nominations to the Board of Directors (the "Board") in order to highlight the company's awful performance and governance for 20 years. The full text of the letter can be read at: https://covestreetcapital.com/for-whom-the-bell-tolls-motorparts-of-america CEO Selwyn Joffe has had a value-destructive run, effectively overseeing the company as a non-profit for the benefit of customers and employees for the last 10 years, an epic failure as a public company. Cove Street has engaged with management and the Board since February 2024 in an effort to constructively work toward long overdue material change at the Board level to assist in a rigorous overview of uneconomic company behavior. While we were successful in convin
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News
- Motorcar Parts of America (NASDAQ:MPAA) investors are sitting on a loss of 66% if they invested three years ago [Yahoo! Finance]Yahoo! Finance
- Motorcar Parts of America, Inc. (NASDAQ:MPAA) is favoured by institutional owners who hold 67% of the company [Yahoo! Finance]Yahoo! Finance
- Motorcar Parts of America Reports Fiscal First Quarter ResultsBusiness Wire
- Cove Street Capital Announces it has Voted NO on "Legacy" Directors of Motorcar Parts of AmericaAccesswire
- Motorcar Parts of America to Report Fiscal 2025 First Quarter Results; Host Conference Call [Yahoo! Finance]Yahoo! Finance
MPAA
Earnings
- 8/8/24 - Miss
MPAA
Sec Filings
- 9/12/24 - Form SC
- 9/9/24 - Form 4
- 9/9/24 - Form 4
- MPAA's page on the SEC website