4th Circuit Finds Stock-Drop Suit Against Advance Auto Parts Lacks Scienter

( March 6, 2026, 8:12 AM EST) -- RICHMOND, Va. — A Fourth Circuit U.S. Court of Appeals panel affirmed a lower court’s dismissal of investors’ putative class action alleging that Advance Auto Parts and certain of its former executives manipulated the company’s accounting, agreeing with the lower court that the complaint lacked scienter....