Just after a report called the company a 'grift', Carvana might be setting aside a fund for customers who bought cars in the ...
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...
Short seller Hindenburg Research on Thursday accused Carvana of running an “accounting grift for the ages” in a bombshell report — sending shares of the used-car retailer tumbling.
A lot of complaints about how the car was represented on the website, the description of the car, lots of complaints about ...
Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker ...
When people buy a car from Carvana, a loan originates from the retailer, but it then sells those loans to other companies. Its primary buyer for those auto loans was Ally Financial, but the bank ...
Hindenburg, which has a history of going public with deep research to back short positions, also claimed Carvana manipulated its results by selling cars to DriveTime, a car dealer owned by Ernie ...
(Reuters) -Hindenburg Research said on Thursday it was short on Carvana Co, accusing the used-car retailer of insider trading and accounting manipulation. "Our research uncovered $800 million in ...