Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CarLotz, Inc. (LOTZ)
On March 15, 2021, CarLotz announced its fourth quarter and full year 2020 financial results.
- On March 15, 2021, CarLotz announced its fourth quarter and full year 2020 financial results.
- During a related conference call, the Company stated that gross profit and gross profit per unit (GPU) were softer than .
- CarLotz also reported that the additional inventory created a logjam that resulted in slower processing and higher days to sell.
- To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.