#securities-litigation

#securities-litigation

Over the past month, investors have seen Carvana (NYSE:CVNA) shares fall over 20%, while retail investor sentiment on Reddit and X shifted from cautious optimism to deeply bearish. The stock trades a little over $360 today, down from almost $490 weeks earlier. The selloff intensified after Gotham City Research published a report at the end of January, alleging that Carvana overstated earnings by more than $1 billion through undisclosed related-party transactions with DriveTime and Bridgecrest.

Atkins noted that the number of publicly registered companies has fallen over the past 30 years as mergers and bankruptcies have outpaced new listings. His goal, he said, is to "make it cool to be a public company" again-something he believes has "taken a hit over time." Atkins outlined three obstacles he believes are holding issuers back. The first is what he described as expensive, overly long disclosures that impose an unnecessary burden on issuers.

When investors are defrauded or wronged by financial institutions, the odds often appear stacked against them. Yet across the United States, Meyer Wilson Werning has consistently proven that determined advocacy, sharp legal strategy, and relentless pursuit of justice can level the playing field. With a legacy built on securing landmark victories, Meyer Wilson Werning has become one of the nation's leading law firms for investor protection.

Snap Inc., the social media giant known for its disappearing messages and playful filters, is now facing serious allegations from its investors. A class action lawsuit has been filed against the company, accusing it of misleading shareholders about its advertising revenue growth. Between April 29 and August 5, 2025, Snap allegedly painted an overly optimistic picture of its financial health, while concealing a significant downturn in its advertising revenue growth rate.