Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices. Read why it's best to ...

Hindenburg Research claims that as the share price has skyrocketed, the father of Carvana’s CEO has cashed out more than $1.4 billion in stock. At the center of the alleged scheme appears to be ...

leading to the conviction of the Phoenix-based electric truck maker’s founder and former CEO, Trevor Milton, for securities fraud, the Business Journal previously reported. Carvana’s stock ...

Shares of Carvana slid Thursday after short-selling firm Hindenburg Research disclosed a short position in the online used-car retailer.

On Wednesday, the firm's founder Nate Anderson divulged that Hindenburg is to be disbanded following the last of its "Ponzi ...

The firm accused Carvana of relying on unstable loans, questionable accounting practices, and undisclosed related-party transactions involving CEO Ernie Garcia III and his father, Ernest Garcia II ...

A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and questionable partnerships with third parties to inflate performance.

The report centers on Carvana's practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his father, Ernest Garcia II, who is Carvana's largest shareholder.

Carvana's (CVNA) shares are retreating for a second straight day after a short seller issued a negative report about the firm yesterday. Today CVNA stock is giving back 5%. Carvana specializes in ...

He is the father of CEO Ernest Garcia III. A recent surge in Carvana shares had put the company’s stock valuation much higher than that of rivals, including CarMax and AutoNation, despite ...