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Sonic Automotive, inc (SAH) Q2 2021 Earnings Call Transcript
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Sonic Automotive, inc (SAH) Q2 2021 Earnings Call Transcript
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NEW YORK, May 11, 2021 /PRNewswire/ Pomerantz LLP is investigating claims on behalf of investors of Sonic Automotive, Inc. ( Sonic or the Company ) (NYSE: SAH). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Sonic and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On October 7, 2020, news sources reported that the Company s Chief Executive Officer ( CEO ), David Bruton Smith, had been arrested and charged with felony assault by strangulation and misdemeanor charges of false imprisonment, assault on a female, and interfering with emergency communication. Shortly thereafter, the Company s Board of Directors issued a statement affirming that the Company remains steadfast in its support of [its] CEO.
Operator
Good morning and welcome to Sonic Automotive s First Quarter 2021 Earnings Conference Call. [Operator Instructions] Presentation materials [Technical Issues] on the conference call, can be accessed at the Company s website at ir.sonicautomotive.com.
At this time, I would like to refer to the safe harbor statement under the Private Securities and Litigation Reform Act of 1995. During this conference call, management may discuss financial projections, information or expectations about the Company s products or market or otherwise make statements about the future. Such statements are forward-looking and subject to a number of risks and uncertainties that could cause the actual results to differ materially from the statements made. Those risks and uncertainties are detailed in the Company s filings with the Securities and Exchange Commission.