At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On January 28, 2025, Gotham City Research short seller report alleged that the Company's reported profitability relies on undisclosed related-party transactions with DriveTime and Bridgecrest. The report claims DriveTime burned over $1 billion in cash while levering up to 20x to 40x EBITDA to subsidize Carvana's e ...