SEC Investigation Updates: May 28, 2026
Updates on SEC investigative activity - Nine (9) companies in today’s report.
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You follow Carvana & may find this litigation update interesting. The plaintiffs discovery forced CVNA to search its own files & uncovered 4 active SEC Inquiries, only 2 have been publicly acknowledged. SEC investigations or inquiries were opened in 2019, 2022, 2024 & 2025. The plaintiffs asked the courts for info on the sec investigations but they fall outside the class action period from the 2022 offering. This is not a good look for Carvana who lack transparency on nearly everything.
https://storage.courtlistener.com/recap/gov.uscourts.azd.1319766/gov.uscourts.azd.1319766.471.0.pdf