Exhibit 3 — In re Carvana Securities

Summary

This is an email chain between Christian Word of Latham & Watkins LLP and Tor Gronborg, with Matthew Peters, Rachel Cocalis and Sarah Fallon copied, under the subject Carvana. On July 29, 2025, Gronborg asks whether Word and Peters are available for a call regarding Kirkland and the Carvana defendants assertion of privilege. Word replies with a request to talk early next week, noting an absence on vacation this week. In the August 4, 2025 messages, Word asks whether tomorrow works, Gronborg proposes 11:00 am ET, and Word answers that it works and that an invite will be sent.

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EXHIBIT 3 
Case 2:22-cv-02126-MTL     Document 364-3     Filed 04/27/26     Page 1 of 3

1
Sarah Fallon
From:
Christian.Word@LW.com
Sent:
Monday, August 4, 2025 1:06 PM
To:
Tor Gronborg
Cc:
Matthew.Peters@lw.com; Rachel Cocalis; Sarah Fallon
Subject:
RE: Carvana
EXTERNAL SENDER  
Works for me.  I’ll send an invite.  Thanks 
 
From: Tor Gronborg <TorG@rgrdlaw.com>  
Sent: Monday, August 4, 2025 4:04 PM 
To: Word, Christian (DC) <Christian.Word@LW.com> 
Cc: Peters, Matthew (DC) <Matthew.Peters@lw.com>; Rachel Cocalis <RCocalis@rgrdlaw.com>; Sarah Fallon 
<SFallon@rgrdlaw.com> 
Subject: Re: Carvana 
 
Yes. How about 11:00 am ET? 
 
On Aug 4, 2025, at 9:59 PM, Christian.Word@lw.com wrote: 
 EXTERNAL SENDER  
Hey Tor.  Does tomorrow work for you? 
  
Best, 
Christian 
  
From: Tor Gronborg <TorG@rgrdlaw.com>  
Sent: Tuesday, July 29, 2025 2:47 PM 
To: Word, Christian (DC) <Christian.Word@LW.com> 
Cc: Peters, Matthew (DC) <Matthew.Peters@lw.com>; Rachel Cocalis <RCocalis@rgrdlaw.com>; Sarah 
Fallon <SFallon@rgrdlaw.com> 
Subject: Re: Carvana 
  
Yes. Email me Monday and let me know what works for you. Enjoy the week.  
 
 
On Jul 29, 2025, at 11:21 AM, Christian.Word@lw.com wrote: 
 EXTERNAL SENDER  
Hey Tor.  I’m out this week on vacation.  Can we talk early next week? 
  
J. Christian Word 
  
LATHAM & WATKINS LLP 
555 Eleventh Street, NW 
Suite 1000 
Washington, D.C. 20004-1304 
Case 2:22-cv-02126-MTL     Document 364-3     Filed 04/27/26     Page 2 of 3

2
Direct Dial: +1.202.637.2223 
Email: christian.word@lw.com 
https://www.lw.com 
  
From: Tor Gronborg <TorG@rgrdlaw.com> 
Date: Tuesday, Jul 29, 2025 at 1:15 PM 
To: Word, Christian (DC) <Christian.Word@LW.com>, Peters, Matthew (DC) 
<Matthew.Peters@lw.com> 
Cc: Rachel Cocalis <RCocalis@rgrdlaw.com>, Sarah Fallon <SFallon@rgrdlaw.com> 
Subject: Carvana 
  
Christian/Matt, will you please let me know if you’re available for a call tomorrow or Thursday 
regarding Kirkland and the Carvana defendants assertion of privilege. Thanks. 
 
Tor 
 
NOTICE: This email message is for the sole use of the intended 
recipient(s) and may contain information that is confidential and 
protected from disclosure by the attorney-client privilege, as 
attorney work product, or by other applicable privileges.  Any 
unauthorized review, use, disclosure or distribution is prohibited. 
If you are not the intended recipient, please contact the sender 
by reply email and destroy all copies of the original message. 
_________________________________  
  
This email may contain material that is confidential, privileged and/or attorney 
work product for the sole use of the intended recipient.  Any review, disclosure, 
reliance or distribution by others or forwarding without express permission is 
strictly prohibited.  If you are not the intended recipient, please contact the sender 
and delete all copies including any attachments.  
  
Latham & Watkins LLP or any of its affiliates may monitor electronic 
communications sent or received by our networks in order to protect our business 
and verify compliance with our policies and relevant legal requirements. Any 
personal information contained or referred to within this electronic 
communication will be processed in accordance with the firm's privacy notices 
and Global Privacy Standards available at www.lw.com.  
  
NOTICE: This email message is for the sole use of the intended 
recipient(s) and may contain information that is confidential and 
protected from disclosure by the attorney-client privilege, as 
attorney work product, or by other applicable privileges.  Any 
unauthorized review, use, disclosure or distribution is prohibited. 
If you are not the intended recipient, please contact the sender 
by reply email and destroy all copies of the original message. 
 
NOTICE: This email message is for the sole use of the intended 
recipient(s) and may contain information that is confidential and 
protected from disclosure by the attorney-client privilege, as 
attorney work product, or by other applicable privileges.  Any 
unauthorized review, use, disclosure or distribution is prohibited. 
If you are not the intended recipient, please contact the sender 
by reply email and destroy all copies of the original message. 
Case 2:22-cv-02126-MTL     Document 364-3     Filed 04/27/26     Page 3 of 3

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