Philadelphia, Pennsylvania--(Newsfile Corp. - October 5, 2022) - Carvana Co. and its officers and directors have allegedly made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Carvana's failure to properly document, register, and title many of its vehicles has resulted in numerous regulatory actions including business license suspensions, business cessation, and probation in several states including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina. As a result, it is alleged that Defendants' statements about Carvana's business, operations, and prospects, were materially false and misleading and the company and its shareholders have been harmed.
If you have continuously held Carvana shares since on or before May 6, 2020, you can seek corporate reforms, the return of funds back to company coffers, and potentially a court approved incentive award if appropriate, at no cost to you.
If you would like to learn more about this matter, visit https://grabarlaw.com/the-latest/carvana-shareholder-investigation/, contact us at jgrabar@grabarlaw.com or call 267-507-6085.
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These materials have been prepared by the Grabar Law Office for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Prior results referred to in these materials do not guarantee or suggest a similar result in other matters.
Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139569
