AutoWeb controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Paycheck Protection Program scrutiny
AutoWeb received federally backed Paycheck Protection Program financing during the COVID-19 pandemic. The assistance drew scrutiny because of questions concerning the use of the program and reported executive compensation.
2005
Accounting restatements and shareholder lawsuit
After an audit-committee review identified accounting problems, Autobytel announced restatements affecting several earlier periods. A shareholder class-action lawsuit alleged that the company had violated securities laws by issuing false statements and inflating financial results.