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Sonic Automotive Inc (SAH) Q1 2021 Earnings Call Transcript

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. ....

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SONIC AUTOMOTIVE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sonic Automotive, Inc. - SAH

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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Sonic Automotive, Inc. (NYSE: SAH).
On October 7, 2020, news sources reported that the Company’s Chief Executive Officer, 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.” ....

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