Pomerantz Law Firm Initiates Investigation Into Carvana Co. Investor Claims
Pomerantz Law Firm Investigates Carvana Co. Investor Claims
In a recent development, Pomerantz LLP has announced its investigation into claims on behalf of investors in Carvana Co. (NYSE: CVNA). The firm is scrutinizing whether the company and certain officers or directors have engaged in securities fraud or other illegal business practices. Investors who believe they have been affected by these practices are encouraged to reach out to the firm for assistance.
On January 28, 2026, Gotham City Research LLC published a critical report on Carvana. The report suggests that the company's earnings for the years 2023 and 2024 have been inflated by over $1 billion. Furthermore, it alleges that Carvana has a greater dependency on affiliated parties than previously disclosed to the public. This news had a remarkable impact on the company's stock value, resulting in a drop of $67.68 per share, which equated to a 14.17% decline, bringing the price to $410.04 per share by the end of that trading day.
Pomerantz LLP, recognized as a leading firm in corporate and securities litigation, was founded by the renowned Abraham L. Pomerantz, who has been referred to as the