Vroom, Inc. Loss Submission Form

Company: Vroom, Inc.

Ticker: (NASDAQ) VRM

Deadline

Passed

Lead Plaintiff Deadline: May 21, 2021

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Allegations

(1) Vroom had not demonstrated that it was able to control and scale growth in respect to its salesforce to meet the demand for its products; (2) as a result, the Company was forced to discount aged inventory to move through its retail channels or liquidated in its wholesale channels; (3) as a result, the ecommerce gross profit per unit was reasonably likely to decline; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.