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Copart, Inc. (NASDAQ: CPRT) Investor Investigation Over Potential Wrongdoing

  • Investors who purchased shares of Copart, Inc. (NASDAQ: CPRT) and currently hold any of those NASDAQ: CPRT shares have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Copart, Inc.
Security
NASDAQ: CPRT

Summary

An investigation on behalf of current long-term investors in shares of Copart, Inc. (NASDAQ: CPRT) was announced over potential breaches of fiduciary duties by certain officers and directors at Copart, Inc.

The investigation by a law firm concerns whether certain Copart directors breached their fiduciary duties and caused damage to the company and its shareholders.

Copart, Inc., headquartered in Dallas, Texas, is a provider of online vehicle auction and remarketing services in the US, Canada, and the UK. Copart, Inc. reported that its Total Revenue increased from over $1.26 billion for the 12 months period that ended on July 31, 2016 to over $1.44 billion for the 12months period that ended on July 31, 2017 and that its Net Income for those respective time periods increased from $270.36 million to $394.2 million.

Shares of Copart, Inc. (NASDAQ: CPRT) grew from $16.38 per share in February 2016 to as high as $51.77 per share in March 2018.

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