Certain Credit Acceptance directors are under investigation over potential wrongdoing. The investigation by a law was announced on behalf of investors in NASDAQ:CACC shares was announced over potential breaches of fiduciary duties by certain Credit Acceptance directors.
Investors who purchased shares of Credit Acceptance Corp. (NASDAQ:CACC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
On November 6, 2015, Credit Acceptance Corp. disclosed that on September 18, 2015, it received a subpoena from the Attorney General of the State of New York, Civil Rights Bureau relating to the Company’s origination and collection of Consumer Loans in the state of New York.
On May 2, 2016, Credit Acceptance Corp. disclosed that on March 18, 2016, it received a subpoena from the Attorney General of the State of Maryland, relating to the Company’s repossession and sale policies and procedures in the state of Maryland.
Shares of Credit Acceptance Corp. (NASDAQ:CACC) closed on September 13, 2016, at $193.82 per share.
Those who purchased NASDAQ:CACC shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com