{"id":499607,"date":"2021-05-27T17:32:22","date_gmt":"2021-05-27T21:32:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-carlotz-inc-lotz-on-behalf-of-investors\/"},"modified":"2021-05-27T17:32:22","modified_gmt":"2021-05-27T21:32:22","slug":"investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-carlotz-inc-lotz-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-carlotz-inc-lotz-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CarLotz, Inc. (LOTZ) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CarLotz, Inc. (LOTZ) on Behalf of Investors<\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith announces an investigation on behalf of CarLotz, Inc. (“CarLotz” or “the Company”) (NASDAQ: LOTZ<\/a>) investors concerning the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nOn May 10, 2021, CarLotz announced first quarter 2021 results, reporting amongst other things, GAAP earnings per share of -$0.15, missing consensus estimates of $0.01.\n<\/p>\n

\nOn this news, CarLotz\u2019s stock price fell $0.94 per share, or 14.44%, to close at $5.57 per share on May 11, 2021, thereby injuring investors.\n<\/p>\n

\nThen, on May 26, 2021, CarLotz announced that its profit-sharing corporate vehicle sourcing partner had \u201cpaused consignments\u201d to the Company. This partner accounted for more than 60% of cars sold and sourced by CarLotz.\n<\/p>\n

\nOn this news, CarLotz\u2019s stock price fell $0.70 per share, or 13.4%, to close at $4.51 per share on May 26, 2021, thereby injuring investors further.\n<\/p>\n

\nIf you purchased CarLotz securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210527005781\/en\/<\/a><\/span><\/p>\n

\nLaw Offices of Howard G. Smith
\n
Howard G. Smith, Esquire
\n
215-638-4847
\n
888-638-4847
\n
howardsmith@howardsmithlaw.com
\n<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CarLotz, Inc. (LOTZ) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces an investigation on behalf of CarLotz, Inc. (“CarLotz” or “the Company”) (NASDAQ: LOTZ) investors concerning the Company\u2019s possible violations of federal securities laws. On May 10, 2021, CarLotz announced first quarter 2021 results, reporting amongst other things, GAAP earnings per share of -$0.15, missing consensus estimates of $0.01. On this news, CarLotz\u2019s stock price fell $0.94 per share, or 14.44%, to close at $5.57 per share on May 11, 2021, thereby injuring investors. Then, on May 26, 2021, CarLotz announced that its profit-sharing corporate vehicle sourcing partner had \u201cpaused consignments\u201d to the … <\/p>\n

Continue reading “INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CarLotz, Inc. (LOTZ) on Behalf of Investors”<\/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-499607","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CarLotz, Inc. 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(“CarLotz” or “the Company”) (NASDAQ: LOTZ) investors concerning the Company\u2019s possible violations of federal securities laws. On May 10, 2021, CarLotz announced first quarter 2021 results, reporting amongst other things, GAAP earnings per share of -$0.15, missing consensus estimates of $0.01. On this news, CarLotz\u2019s stock price fell $0.94 per share, or 14.44%, to close at $5.57 per share on May 11, 2021, thereby injuring investors. Then, on May 26, 2021, CarLotz announced that its profit-sharing corporate vehicle sourcing partner had \u201cpaused consignments\u201d to the … Continue reading "INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CarLotz, Inc. 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