On July 7, 2025, the Hon. Arun Subramanian approved a $13 million settlement of the Class’s claims in In re CarLotz, Inc. Securities Litigation, No. 1:21-cv-05906-AS (S.D.N.Y.). Represented by Lead Counsel KSF, Lead Plaintiff brought securities fraud claims based on Defendants’ alleged false and misleading statements regarding the business operations and financial condition of CarLotz—a now-defunct consignment-to-retail used car marketplace—which had completed a de-SPAC merger in 2021. This excellent result was achieved by Lead Counsel KSF after battling multiple motions to dismiss and surviving in part despite a change in law during the pendency of the case that narrowed Plaintiff’s path forward.