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Moore Law PLLC Investigating LOTZ, EDR, DCGO and MRCY; Shareholders are Encouraged to Contact the Firm

/PRNewswire/ -- CarLotz, Inc. (NASDAQ: LOTZ) Accused of Misleading Investors On March 29, 2024, the defendants' motion to dismiss in the pending securities...

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Company that acquired CarLotz files for bankruptcy

The company that merged with Richmond-based CarLotz Inc. in late 2022 has filed for bankruptcy.

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Months after absorbing Richmond-based CarLotz, Shift Technologies has gone bust

Shift’s decision to wind-down brings to an end a marriage that failed to improve the fortunes of it and CarLotz, both of which struggled after going public through ill-fated SPAC deals.

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Motion for Joint Administration Filed by Shift Technologies, Inc.

Shift Technologies, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on October 9, 2023. As per the motion, the...

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Inside the Courts – An Update From Skadden Securities Litigators - May 2023 | Skadden, Arps, Slate, Meagher & Flom LLP

Supreme Court Hears Argument on Traceability Requirement in Circuit-Split Slack v. Pirani - Key Points - - Before the end of June, the U.S. Supreme Court is...

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Inside the Courts - An Update From Skadden Securities Litigators

Before the end of June, the U.S. Supreme Court is expected to issue a decision in a high-profile securities case that could have broad implications…

New-york , United-states , Illinois , Ohio , Delaware , New-york-stock-exchange , Massachusetts , California , Tara-scott , Charlesr-breyer , Richard-stollmeyer , Ronnie-abrams

Court Dismisses Post-SPAC Class Action for Lack of Standing | Goodwin

On March 31, 2023, U.S. District Judge Ronnie Abrams of the Southern District of New York dismissed a putative securities class action against CarLotz, Inc. (CarLotz), and certain of...

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SPAC Litigation: A Review of Recent Developments | Jones Day

In Short - SPAC Deals: Special purpose acquisition companies ("SPACs") boomed in 2020 as a means of taking early-stage private companies public. Following enhanced scrutiny from...

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Southern District Of New York Dismiss Putative Class Action Arising From SPAC Merger, Holding That Plaintiffs Lacked Standing - Securities

On March 31, 2023, Judge Ronnie Abrams of the United States District Court for the Southern District of New York dismissed a putative class action arising out of a SPAC transaction that resulted in a consignment-to-retail...

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Christian Miller Named Dealer Trade Network's New CEO

/PRNewswire/ -- Dealer Trade Network, an inventory optimization solution for new car dealerships, appointed Christian Miller as the company's Chief Executive...

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