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Carvana, Founders Defend Vote-Inflating Provision In Del. Suit

By Leslie A. Pappas (June 20, 2023, 8:55 PM EDT) -- Used-car vendor Carvana Co. and its father-and-son founders, Ernest Garcia II and Ernest Garcia III, pushed back Tuesday on allegations that the company's charter violates Delaware law by giving the Garcias 10 times the voting power of common shareholders for the same class of shares....

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