While the online retailer is facing much criticism and serious allegations from the investment community, Carvana gained more resources from one of its key financing providers.

Carvana revealed in a filing with the Securities and Exchange Commission on Monday that it amended the second amended and restated master purchase and sale agreement with Ally Financial.

Carvana said in the filing that, among other things, it’s a move to reestablish a commitment by Ally to purchase up to $4.0 billion of automotive finance receivables between Jan. 3, 2025, and Jan. 2, 2026.

The development arrived just a short time after a scathing report from Hindenburg Research, which specializes in forensic financial research.

Edelson Lechtzin, a national class action law firm with offices in Pennsylvania and California, recapped the Hindenburg Research report in a news release posted on Friday.

Edelson Lechtzin said in the release that it is investigating potential violations of the federal securities laws involving Carvana, which was the focal point of the Hindenburg Research report titled, “Carvana: A Father-Son Accounting Grift for the Ages.”

Edelson Lechtzin said the report is “accusing Carvana of engaging in deceptive financial practices, including questionable accounting and undisclosed loans to a related party amounting to $800 million. The report highlights risks like lax loan underwriting practices, falling vehicle prices, and rising subprime loan delinquencies.

“Between August 2020 and August 2021, Garcia III and his father, Ernest Garcia II, sold $3.6 billion worth of Carvana stock. According to the report, Carvana’s stock rose 284% in 2024 and is ‘exorbitantly valued.’ With Carvana shares surging, the CEO’s father sold another $1.4 billion of CVNA stock. Meanwhile, the company faces increasing credit losses and a 20% drop in its customer base since 2021. With nearly 1,000 complaints and an abysmal 1.1-star rating from the Better Business Bureau, concerns about Carvana’s viability are growing,” Edelson Lechtzin went on to say.