Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Carvana Co. (NYSE: CVNA) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Carvana Co. (NYSE: CVNA) concerning whether a series of statements by Carvana Co. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On August 18, 2017, a report published by Copperfield Research claimed that Carvana overstated its gross profit per Unit by about 24%-44% and violated a disclosure request by the SEC regarding its transportation costs.

On this news, NYSE: CVNA dropped $0.97 per share or over 6% to close at $14.21 on August 18, 2017.

Based in Phoenix, Arizona, and founded in 2012 Carvana Co. operates an e-commerce platform for buying used cars in the United States.

If you purchased shares of Carvana Co. (NYSE: CVNA) on or before August 18, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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