Recent Security Class Actions

Carvana Co. Class A Common Stock (NYSE: CVNA)

4 Days left to seek lead plaintiff status.

Company Name:Carvana Co. Class A Common Stock
Stock Symbol:NYSE: CVNA
Class Period Start:05/06/2020
Class Period End (inclusive):06/24/2022
Filing Deadline:10/03/2022

The Complaint alleges Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Carvana faced serious, ongoing issues with documentation, registration, and title with many of its vehicles; (2) as a result, Carvana was issuing unusually frequent temporary plates; (3) as a result of the foregoing, Carvana was violating laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue business and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana was at an increased risk of governmental investigation and action; (6) Carvana was in discussion with state and local authorities regarding the above-stated business tactics and issues; (7) Carvana was facing imminent and ongoing regulatory actions including license suspensions, business cessation, and probation in several states and counties including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina; and (8) as a result, Defendants’ statements about Carvana’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Carvana Co. Class A Common Stock (NYSE: CVNA) Claim Form

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