Carvana Co. (CVNA)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Carvana Co. (“Carvana” or the “Company”) (NYSE: CVNA). Investors who purchased Carvana securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Carvana has violated federal securities laws.
On June 23, 2023, Forbes published an article entitled “The Untold Story of HyperSport, Carvana’s Mysterious And Scandal-Plagued Former Vendor”. The Forbes article reported that HyperSport Industries (“HyperSport”), formerly one of Carvana’s reconditioning vendors, regularly submitted duplicative billings to Carvana. The article also suggested that a Carvana manager controlled HyperSport. Following this news, Carvana’s stock price fell $4.13 per share, or 16.17%, to close at $21.41 on June 23, 2023.
If you are aware of any facts relating to this investigation or purchased Carvana shares, you can assist this investigation.You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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