Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by Copart, Inc. (NASDAQ: CPRT) on behalf of investors who purchased or acquired Copart, Inc. securities and experienced significant financial losses.

CPRT Sudden CEO Departure

On June 29, 2026, Copart unexpectedly announced that the company’s CEO, Jeff Liaw, will step down from his role, effective July 31, 2026, with Executive Chairman Jay Adair resuming the position. Several institutional analysts responded to the sudden news, including BNP Paribas, who commented that Copart has faced “distrust of management narratives around industry softness and market share losses” and that “Bigger picture, we are also looking to understand what this CEO transition may suggest for Copart’s go-forward investment strategy”.

CPRT’s Stock Drops Over 8%

Following the news of Copart’s CEO departure, Copart, Inc.’s stock price fell over 8%.

Investors who purchased Copart, Inc. (NASDAQ: CPRT) securities and experienced losses may have legal rights under the federal securities laws.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS

If you are an investor in Copart, Inc. (NASDAQ: CPRT), you are encouraged to contact KTMC at: https://www.ktmc.com/cprt-copoart-inc-investigation?utm_source=Businesswire&utm_medium=pressrelease&utm_campaign=cprt&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com. There is no cost or obligation to speak with an attorney.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260701043730/en/