Carvana Co. (CVNA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

PRESS RELEASE
Published July 30, 2023

NEW YORK, NY / ACCESSWIRE / July 30, 2023 / 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 by visiting the firm's site: www.bgandg.com/cvna.

Bronstein, Gewirtz and Grossman, LLC, Thursday, July 27, 2023, Press release picture

The investigation concerns whether Carvana has violated federal securities laws.

Investigation Details:

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.

What's Next?

If you are aware of any facts relating to this investigation or purchased Carvana shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/cvna. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Why Bronstein, Gewirtz & Grossman:

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.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC



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