Investors Can Still File Late Claims in $13M CarLotz Settlement — Here’s How to Get Your Share

Court: S.D. New York

Case: 1:21-cv-05906

Investors can still file a late claim to receive payment from the $13M CarLotz settlement.

What is this settlement?

In 2020, CarLotz revealed excess inventory, declining gross profit per vehicle (GPU), and issues with its primary sourcing partner. These disclosures led to multiple stock declines, ultimately eroding more than 70% of $LOTZ's value.

Following this, CarLotz was sued by shareholders and has agreed to settle by paying $13 million to investors.

What can you do to recover your losses now?

You can submit your claim and be notified of any further updates.

More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.