Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...

Carvana refuted the report in comments sent ... an Arizona manufacturer of hydrogen and electric big-rig trucks, exposed problems that led to a prison sentence for fraud against the company ...

Carvana faces challenges as subprime delinquencies rise and consumer spending slows. Learn why CVNA stock could struggle with ...

Connecticut Attorney General announces $1.5M settlement with Carvana after hundreds of complaints about delays and deceptive ...

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.

Two years ago, it appeared Carvana's future was full of empty used-car vending machines. The online auto retailer's stock was near worthless, fueled by massive financial losses and legal problems ...

Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting Grift for the ...

Carvana slammed by Hindenburg, and the stock pauses its meteoric rise Carvana’s turnaround is ‘a mirage,’ short seller says Last Updated: Jan. 2, 2025 at 7:55 p.m. ET First Published: Jan. 2 ...

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Carvana (NYSE: CVNA) has likely minted some millionaires since its initial public offering. The online used vehicle marketplace went public at $15 on April 28, 2017, and its stock price ...

Carvana may be a house of cards. That’s according to investment research and activist short-selling firm Hindenburg Research (never a good sign to be the subject of ire from a company named ...