25-1854 • July 8, 2021
Class Period Start
October 22, 2020
Class Period End
August 23, 2021
PSLRA Deadline
September 7, 2021
Case Allegations
10b5
Statutes of Repose
Oct 22, 2023
Country
United States
Court
Federal Court
Jul 22, 2025
Jul 7, 2025
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
May 9, 2025
Motion for Final Approval of Settlement
The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.
Jan 27, 2025
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Jan 27, 2025
Jan 27, 2025
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Jan 24, 2025
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
Aug 23, 2024
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Apr 10, 2024
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 29, 2024
Motion to Dismiss Denied in Part
The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.
Jul 18, 2023
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
May 1, 2023
A new complaint has been filed on behalf of certain investors in CarLotz, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Mar 31, 2023
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Jun 21, 2022
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
May 12, 2022
Apr 22, 2022
Mar 4, 2022
A new complaint has been filed on behalf of certain investors in CarLotz, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Dec 14, 2021
A new complaint has been filed on behalf of certain investors in CarLotz, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Oct 26, 2021
Oct 15, 2021
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Aug 5, 2021
Another plaintiff has filed a complaint on behalf of investors in CarLotz, Inc.. The allegations and class definitions are substantively the same.
Jul 20, 2021
Another plaintiff has filed a complaint on behalf of investors in CarLotz, Inc.. The allegations and class definitions are substantively the same.
Jul 8, 2021
A securities fraud class action complaint has been filed on behalf of certain investors in CarLotz, Inc..
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