{"id":472964,"date":"2021-04-07T10:54:21","date_gmt":"2021-04-07T14:54:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472964"},"modified":"2021-04-07T10:54:21","modified_gmt":"2021-04-07T14:54:21","slug":"shareholder-alert-lowey-dannenberg-p-c-investigates-claims-on-behalf-of-investors-of-vroom-inc-vrm-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-lowey-dannenberg-p-c-investigates-claims-on-behalf-of-investors-of-vroom-inc-vrm-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Vroom Inc. (VRM) and Encourages Investors to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  07, 2021  (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating claims of violations of federal securities laws on behalf of investors of Vroom Inc. (\u201cVRM\u201d or the \u201cCompany\u201d) (NASDAQ: VRM).<\/p>\n<p>On March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter &#8220;Ecommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit.&#8221; Vroom also reported that for the fourth quarter, its &#8220;[n]et loss increased 41.9% to $60.7 million.&#8221;<\/p>\n<p>On this news, the Company&#8217;s stock price fell as much as $13.24, or 30%, during intraday trading on March 4, 2021.<\/p>\n<p>If you are a shareholder of Vroom, and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7256 or via email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2P1meZnAPFlsDJGIl-gekKAw8rA0rLnN3WoS-2nWDv3HbLSQXTpbs7_bvBJr6Pg7YqY0O2icMaUZ4ZTwx5A0fweKTl7rur3iux3AufSasQU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>investigations@lowey.com<\/u><\/a>.\u00a0\u00a0<\/p>\n<p>\n        <strong>Whistleblowers: <\/strong>Persons with non-public information regarding Vroom should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.<\/p>\n<p>\n        <strong>About Lowey Dannenberg<\/strong>\n      <\/p>\n<p>Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.<\/p>\n<p>\n        <strong>Contact<\/strong>\n      <\/p>\n<p>Lowey Dannenberg P.C.<br \/>44 South Broadway, Suite 1100\u00a0<br \/>White Plains, NY 10601<br \/>Tel: (914) 733-7256<br \/>Email:\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2P1meZnAPFlsDJGIl-gekKAw8rA0rLnN3WoS-2nWDv00yAg775S1G1GLffwlxhtsjVDsGWegZ3Gas1uMo9DRwOugYCbidmzy1yQyQXW1wso=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">investigations@lowey.com<\/a><\/u><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMjk4OCM0MTEwMDE2IzIxOTQ1MzQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/eee598aa-93a4-44a7-b94f-bee65deefce7\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating claims of violations of federal securities laws on behalf of investors of Vroom Inc. (\u201cVRM\u201d or the \u201cCompany\u201d) (NASDAQ: VRM). On March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter &#8220;Ecommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit.&#8221; Vroom also reported that for the fourth quarter, its &#8220;[n]et loss increased 41.9% to $60.7 million.&#8221; On this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-lowey-dannenberg-p-c-investigates-claims-on-behalf-of-investors-of-vroom-inc-vrm-and-encourages-investors-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Vroom Inc. (VRM) and Encourages Investors 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-472964","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Vroom Inc. (VRM) and Encourages Investors 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\/shareholder-alert-lowey-dannenberg-p-c-investigates-claims-on-behalf-of-investors-of-vroom-inc-vrm-and-encourages-investors-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=\"SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Vroom Inc. (VRM) and Encourages Investors to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating claims of violations of federal securities laws on behalf of investors of Vroom Inc. (\u201cVRM\u201d or the \u201cCompany\u201d) (NASDAQ: VRM). On March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter &#8220;Ecommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit.&#8221; Vroom also reported that for the fourth quarter, its &#8220;[n]et loss increased 41.9% to $60.7 million.&#8221; On this &hellip; Continue reading &quot;SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Vroom Inc. 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