・JPMorgan’s Rajat Gupta said that the crux of the short-seller report stems from an incorrect representation of the service income that DriveTime earned from Carvana’s loan monetization avenues. ・He ...
CVNA INVESTIGATION NEWS: Carvana Co. Short Seller Report Triggers Securities Fraud Investigation after Stock Drops Over 20% -- Investors Notified to Contact BFA Law Leading securities law firm ...
Carvana (NASDAQ:CVNA) shares had rallied 13% in 2026, reaching a high of $486.89 per share before a short-seller report from Gotham City Research disrupted the momentum. Yesterday's report alleged the ...
At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.
Gotham City Research claims that Carvana overstated its earnings for 2023-2024 by more than $1 billion and is overly reliant on related parties for financial stability. The report also predicts that ...
Carvana (CVNA) shares plunged 15% after Gotham City Research alleged undisclosed related-party transactions inflated earnings by over $1B. Gotham claims DriveTime subsidies fuel over 73% of Carvana’s ...