Carvana settles with CT for $1.5 million

Tempe-based Carvana agrees to $1.5 million settlement over Connecticut customer complaints
An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut. The deal comes three years after an investigation into Tempe-based Carvana.
Carvana settles with CT for $1.5 million after hundreds of complaints
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund.
Carvana to pay state $1.5 million to settle consumer complaints
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 penalty to be paid to the state, of which $250,000 will be suspended if Carvana complies with all terms of the settlement.
What Connecticut's $1.5 million settlement with Carvana means for customers
The attorney general’s office said it has reached a $1.5 million settlement with Carvana, the online used car dealer, and customers could be eligible for restitution. Attorney General William Tong said the settlement,
Connecticut reaches $1.5M settlement with Carvana over customer complaints
Connecticut Attorney General announces $1.5M settlement with Carvana after hundreds of complaints about delays and deceptive practices.
AG Tong announces $1.5 million settlement with used car dealership Carvana
You may be entitled to restitution if you purchased a car from Carvana after Jan. 1, 2019. Attorney General William Tong announced a settlement with the used car dealership after hundreds of complaints from consumers.
AG Tong announces $1.5 million settlement with Carvana after hundreds of consumer complaints
The complaints involve extended delays in title and registration documents, delayed payments to sellers and deceptive representations of car conditions and features.
CT attorney general says settlement reached with Carvana over its 'deceptive' practices
Officials say Attorney General William Tong will announce a settlement with online used car dealer Carvana Tuesday following hundreds of consumer complaints.
Carvana Is Overvalued, But Shorting Could Be Dangerous In The Near Term
Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices. Read why it's best to ...
Money Morning19h
Hindenburg Report Looms as Carvana Battles Technical Challenges: Key Levels to Watch
From a long-term perspective, Carvana stock is well above its 20-month moving average indicating that the stock remains in a ...
Carvana under fire: Research report claims turnaround is a "mirage"
Short seller Hindenburg Research accused Carvana of accounting manipulation and unstable loans. The company denies the ...
What’s Behind The 260% Rise In Carvana Stock?
So what is happening with CVNA stock? Carvana posted its third straight net profit in Q3. Its earnings came at about $1.26 ...
Carvana Is Cooking Its Books, Hindenburg Research Claims
Carvana may be a house of cards. That’s according to investment research and activist short-selling firm Hindenburg Research ...
Could Carvana Help You Become a Millionaire?
The bulls claim Carvana's gains are sustainable this time around, while the bears expect it to pull back as its growth cools ...
Carvana Stock Is Up 4,000% in Two Years. What Will It Do in 2025?
Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that ...
Carvana: Fortifying Their Business In 2025
Carvana is benefitting from stronger used car pricing and a more refined loan agreement with Ally Bank. Read why CVNA stock ...
Carvana Co Is Being Investigated For Securities Law Violations And Impacted Investors Are Urged To Contact The Schall Law Firm
NYSE:CVNA) Carvana Co Is Being Investigated For Securities Law Violations And Impacted Investors Are Urged To Contact The ...