Carvana Co.

Submit Your Losses To Johnson Fistel, Globally Recognized Law Firm

SAN DIEGO, May 10, 2022 (GlobeNewsWire)—Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating whether Carvana Co. (“Carvana” or the “Company”) (NYSE: CVNA), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focus on investors’ losses and whether they may be recovered under the federal securities laws.

What if I purchased Carvana common stock? If you purchased Carvana common stock and suffered significant losses on your investment, join our investigation now:

· Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471

There is no cost or obligation to you.

What is Johnson Fistel investigating? Online used-car retailer Carvana Co’s license to sell vehicles in Illinois was suspended on May 10 over the mishandling of paperwork related to its vehicle sales, a state official said on Wednesday. The license was suspended due to the misuse of issuing out-of-state temporary registration permits and for failing to transfer titles, Illinois Secretary of State spokesman Henry Haupt said.

What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.

About Johnson Fistel, LLP. Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in securities class action and derivative lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:

Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst

Telephone: (619) 814-4471
Email: jimb@johnsonfistel.com