CARLOTZ INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CarLotz, Inc. - LOTZ

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CarLotz, Inc. (NasdaqGM: LOTZ) to Shift Technologies, Inc. (NasdaqCM: SFT). Under the terms of the proposed transaction, shareholders of CarLotz will receive approximately 0.692158 shares of Shift for each share of CarLotz that they own. KSF is seeking to determine whether this consideration and the process th