Vroom, Inc.

Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.

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Portnoy Law Firm
Lesley F. Portnoy, Esq.,
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067

It is alleged in this complaint that Vroom made materially misleading and/or false statements and failed to disclose that: (1) Vroom had not demonstrated that they were able to scale and control growth in respect to its salesforce, in order to meet demand for Vroom products; (2) Vroom was forced to discount aged inventory in order to move through their retail channels or to be liquidated in its wholesale channels, as a result; (3) Vroom’s ecommerce gross profit per unit was reasonably likely to decline as a result (4) consequently, Vroom’s positive statements about the their operations, business, and prospects were materially misleading and/or lacked a reasonable basis.