{"id":464328,"date":"2021-03-24T10:03:18","date_gmt":"2021-03-24T14:03:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464328"},"modified":"2021-03-24T10:03:18","modified_gmt":"2021-03-24T14:03:18","slug":"vrm-investor-alert-bronstein-gewirtz-grossman-llc-notifies-vroom-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vrm-investor-alert-bronstein-gewirtz-grossman-llc-notifies-vroom-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"VRM Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Vroom, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 24, 2021<\/span> \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Vroom, Inc.<b>\u00a0<\/b>(&#8220;Vroom&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ:\u00a0VRM)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Root\u00a0securities between\u00a0November 11, 2020 and <span class=\"xn-chron\">March 3, 2021<\/span>, both dates inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3106194-1&amp;h=4100865299&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fvrm&amp;a=www.bgandg.com%2Fvrm\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/vrm<\/a>.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.jpg\" title=\"Bronstein, Gewirtz &amp; Grossman, LLC\" alt=\"Bronstein, Gewirtz &amp; Grossman, LLC\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n<p>The complaint alleges that throughout the Class Period, Defandants made materially false and\/or misleading statements and failed to disclose that: (1) Vroom had not demonstrated that it was able to control and scale growth in respect to its salesforce to meet the demand for its products; (2) as a result, the Company was forced to discount aged inventory to move through its retail channels or liquidated in its wholesale channels; (3) as a result, the ecommerce gross profit per unit was reasonably likely to decline; and (4) consequently, Defendants&#8217; positive statements about the Company&#8217;s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3106194-1&amp;h=4100865299&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fvrm&amp;a=www.bgandg.com%2Fvrm\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/vrm<\/a>\u00a0or you may contact <span class=\"xn-person\">Peretz Bronstein, Esq.<\/span> or his Investor Relations Analyst, <span class=\"xn-person\">Yael Hurwitz<\/span> of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in Vroom\u00a0you have until <span class=\"xn-chron\">May 21, 2021<\/span> to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>Bronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm&#8217;s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contact:<br \/>Bronstein, Gewirtz &amp; Grossman, LLC<br \/><span class=\"xn-person\">Peretz Bronstein<\/span> or <span class=\"xn-person\">Yael Hurwitz<\/span><br \/>212-697-6484 | <a target=\"_blank\" href=\"mailto:info@bgandg.com\" rel=\"nofollow noopener noreferrer\">info@bgandg.com<\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC19058&amp;sd=2021-03-24\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/vrm-investor-alert-bronstein-gewirtz--grossman-llc-notifies-vroom-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301254620.html\">http:\/\/www.prnewswire.com\/news-releases\/vrm-investor-alert-bronstein-gewirtz&#8211;grossman-llc-notifies-vroom-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301254620.html<\/a><\/p>\n<p>SOURCE  Bronstein, Gewirtz &amp; Grossman, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC19058&amp;Transmission_Id=202103241000PR_NEWS_USPR_____DC19058&amp;DateId=20210324\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, March 24, 2021 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Vroom, Inc.\u00a0(&#8220;Vroom&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ:\u00a0VRM)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Root\u00a0securities between\u00a0November 11, 2020 and March 3, 2021, both dates inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/vrm.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defandants made materially false and\/or misleading statements and failed to disclose that: (1) Vroom had &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vrm-investor-alert-bronstein-gewirtz-grossman-llc-notifies-vroom-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VRM Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Vroom, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464328","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VRM Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Vroom, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vrm-investor-alert-bronstein-gewirtz-grossman-llc-notifies-vroom-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VRM Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Vroom, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, March 24, 2021 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Vroom, Inc.\u00a0(&#8220;Vroom&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ:\u00a0VRM)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Root\u00a0securities between\u00a0November 11, 2020 and March 3, 2021, both dates inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/vrm.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defandants made materially false and\/or misleading statements and failed to disclose that: (1) Vroom had &hellip; Continue reading &quot;VRM Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Vroom, Inc. 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Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk","og_description":"PR Newswire NEW YORK, March 24, 2021 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against Vroom, Inc.\u00a0(&#8220;Vroom&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ:\u00a0VRM)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Root\u00a0securities between\u00a0November 11, 2020 and March 3, 2021, both dates inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/vrm.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defandants made materially false and\/or misleading statements and failed to disclose that: (1) Vroom had &hellip; Continue reading \"VRM Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies Vroom, Inc. 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