Legal Opinion
IN RE CARLOTZ, INC. SECURITIES LITIGATION
District Court, S.D. New York
Decided March 31, 2023No. 1:21-cv-05906Unknown
1Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK No. 21-cv-5906 (RA) IN RE CARLOTZ, INC. SECURITIES LITIGATION OPINION AND ORDER RONNIE ABRAMS, United States District Judge: This is a securities class action brought against CarLotz, Inc. (“CarLotz”) and Acamar Partners Acquisition Corporation (“Acamar”), as well as various related entities and individuals (collectively, “Defendants”), for violations of the Securities Exchange Act of 1934 (“Exchange Act”) and Securities Act of 1933 (“Securities Act”). CarLotz is a purported consignment-to-retail used car marketplace that became a…
2Cases cited27 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Lexmark Int'l, Inc. v. Static Control Components, Inc.Supreme Court of the United States · 2014
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
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