Sonic Automotive, Inc. Securities Fraud Investigation
April 13, 2026
Shamis & Gentile, P.A. is investigating claims on behalf of investors of Sonic Automotive, Inc. ("Sonic Automotive" or the "Company") (SAH). Impacted investors are advised to contact the firm now.
The law firm is investigating whether Sonic Automotive and certain executives misled investors about the Company’s financial condition, cost structure, and exposure to rising medical and tax expenses between June 30, 2025, and October 23, 2025.
On July 25, 2025, Sonic Automotive reported second-quarter record total revenues of $3.7 billion and a 12% increase in gross profit, emphasizing strong financial results and the strategic growth benefits of its new Jaguar Land Rover dealership acquisitions. Executives also cited record profitability and operational momentum while promoting the Company’s position as the largest Jaguar Land Rover retailer in the United States.
Those statements came under scrutiny on October 23, 2025, when Sonic Automotive announced third-quarter 2025 results showing a 37% year-over-year decline in net income to $46.8 million and a 38% drop in earnings per share to $1.33. Management attributed the shortfall to a significant increase in medical expenses and a higher effective income-tax rate. During the related earnings call, executives added that elevated medical costs alone had increased SG&A expenses by about $0.50 per share.
Following this disclosure, Sonic Automotive’s stock fell 15.9%, dropping $12.36, from $77.84 on October 22 to $65.48 on October 23, 2025, causing substantial losses to investors.
If you purchased or otherwise acquired Sonic Automotive (SAH) securities between June 30 and October 23, 2025, you may be eligible to seek compensation for your losses. Contact Shamis & Gentile, P.A. today to discuss your options.
Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise and resources enable the firm to resolve disputes in a wide range of matters, including class actions, mass torts and mass arbitrations.
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