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Del. Class Action Over Carvana Stock Offer Can Move Ahead

By Leslie A. Pappas (June 30, 2022, 6:41 PM EDT) -- Stockholders of online used car platform Carvana Co. who are alleging breaches of fiduciary duties in a $600 million direct stock offering may proceed with their class action against the father and son who founded the company, Delaware's Court of Chancery ruled Thursday....

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