Disgruntled stockholders sue CarLotz

Posted at 9:41 AM, Sep 01, 2021
and last updated 2021-09-01 09:41:06-04

RICHMOND, Va. -- Eight months in as a publicly-traded company, CarLotz is taking some heat from some of its shareholders. The Richmond-based used car retailer, which went public through a so-called SPAC deal in January, has been sued at least three times in the last two months by disgruntled stockholders claiming the company violated federal securities laws in the months leading up to and since its listing on Nasdaq. Click here to keep reading on Richmond BizSense.

The CBS 6 Problem Solvers are Working For You.

Contact the CBS 6 Problem Solvers

📱 Download CBS 6 News App
The app features breaking news alerts, live video, weather radar, traffic incidents, closings and delays and more.