An investigation for investors in Credit Acceptance Corp. shares was announced concerning possible violations of securities laws by Credit Acceptance in connection certain financial statements.
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.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Credit Acceptance Corp. (NASDAQ:CACC) concerning whether a series of statements by Credit Acceptance regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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.
Shares of Credit Acceptance Corp. (NASDAQ:CACC) closed on December 7, 2015 at $237.61 per share.
Those who purchased shares of Credit Acceptance Corp. (NASDAQ:CACC) 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