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IN RE CARLOTZ, INC. SECURITIES LITIGATION

  1. June 11, 2025

    CarLotz's $13M Investor Settlement Headed To Final Approval

    A New York federal judge said Wednesday that he intends to grant final approval to a $13 million settlement between CarLotz and its investors who accused it and a special purpose acquisition company of misleading statements about CarLotz's profitability before it went public via merger.

  2. March 31, 2023

    NY Judge Tosses CarLotz Investors' Post-SPAC Suit, For Now

    A New York federal judge on Friday threw out investors' proposed class action accusing CarLotz Inc. of making misleading statements about the consignment-to-retail used car company's profits before it went public as part of a merger with a special purpose acquisition company, ruling that the plaintiffs don't have standing.

  3. October 18, 2021

    Kahn Swick To Lead Post-SPAC Investor Suit Against CarLotz

    A New York federal judge has appointed Kahn Swick & Foti LLC to serve as lead counsel in a securities class action that alleges consignment-to-retail used car company CarLotz made misleading statements that have caused its stock price to fall by more than half since being taken public at the start of the year.

  4. July 12, 2021

    CarLotz Hit With Investor Suit After Post-SPAC Stock Drop

    The consignment-to-retail used car company CarLotz has been hit with a proposed securities class action over claims the company made misleading statements that caused its stock price to fall by more than half since being taken public at the start of the year.