Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Vroom, Inc. (VRM) Class Action Lawsuit (March 2021)

Closed

1:21cv2477 • March 22, 2021

Class Period Start

June 9, 2020

Class Period End

March 3, 2021

PSLRA Deadline

May 21, 2021

Case Allegations

10b5

Statutes of Repose

Jun 9, 2023

Country

United States

Court

Federal Court

Docket History

Apr 25, 2025

No Appeal- Closed

Mar 18, 2025

Motion to Dismiss Granted

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.

Mar 23, 2022

Motion to Dismiss

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.

Oct 13, 2021

Scheduling Order

Oct 4, 2021

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Vroom, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Aug 17, 2021

Scheduling Order

Aug 5, 2021

Appointment of Lead Plaintiff

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.

Apr 15, 2021

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Vroom, Inc.. The allegations and class definitions are substantively the same.

Mar 22, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Vroom, Inc..

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