By Sarah Jarvis (June 27, 2022, 4:59 PM EDT) — An investor in An group That permits automotive house owners to lease out their automobiles for journey-sharing providers Desires to look at The agency’s books and data in Delaware Chancery Courtroom, To evaluation whether or not it suppressed insurance coverage declare funds by way of a declares adjuster based by the leaseal agency’s CEO.
Investor Allen J. Wiesenfeld alleged in a grievance filed Thursday that L. a.-based mostly HyreCar Inc. had An monumental buildup of undisclosed authorized obligation for unpaid insurance coverage declares as An factor of a scheme that unraveled when The agency finally retained an insurance coverage supplier that wasn’t managed by HyreCar insiders.
HyreCar disclosed internet losses of $9.3 million…
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