CarLotz, Inc. (LOTZ)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarLotz, Inc. ("CarLotz" or "the Company") (NASDAQ: LOTZ). The investigation concerns whether CarLotz and certain of its officers and/or directors have violated federal securities laws.

 

On May 10, 2021, CarLotz issued a press release reporting the Company’s financial results for the first quarter of 2021.  Among other results, CarLotz reported GAAP earnings per share of -$0.15, missing consensus estimates of $0.01.  On this news, CarLotz’s stock price fell sharply during intraday trading on May 11, 2021.

 

If you are aware of any facts relating to this investigation, or purchased CarLotz shares,  you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.