James (Josh) Wilson, securities disputes partner, encouraged

NEW YORK, NY / ACCESSWIRE / September 29, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Carvana Co. (“Carvana” or the “Company”) (NYSE:CVNA) and is reminding investors of the October 3, 2022 deadline to exercise the role to seek the lead plaintiff in a federal securities class action lawsuit filed against the company.

If you suffered losses of more than $100,000 between May 6, 2020 and June 24, 2022 when investing in Carvana stock or options and discuss your legal rights, call Faruqi & Faruqi Partner Josh Wilson direct at 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/CVNA.

Faruqi & Faruqi, LLP, Thursday, September 29, 2022, press release image

There are no costs or obligations for you.

Faruqi & Faruqi is a leading national minority and women-owned securities firm with offices in New York, Pennsylvania, California and Georgia.

As detailed below, the Complaint focuses on whether the Company and its officers violated federal securities laws by making false and/or misleading statements and/or failing to disclose the following: (1) Carvana had serious, ongoing documentation problems , registration and titles with many of its vehicles; (2) as a result, Carvana issued temporary license plates with unusual frequency; (3) as a result of the foregoing, Carvana has violated laws and regulations in many established markets; (4) as a result of the foregoing, Carvana risked its ability to continue and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana has been exposed to an increased risk of government investigation and action; (6) Carvana has been in discussions with state and local authorities regarding the above business tactics and issues; (7) Carvana faced pending and ongoing regulatory actions, including license suspensions, suspension of business and probation in multiple states and counties including Arizona, Illinois, Pennsylvania, Michigan and North Carolina; and (8) as a result, …

source_link https://www.digitaljournal.com/pr/securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-100000-in-carvana-to-contact-him-directly-to-discuss-their-options