An investigation for investors in Credit Acceptance Corporation (NASDAQ: CACC) shares over potential securities laws violations.An investigation on behalf of investors of Credit Acceptance Corporation (NASDAQ: CACC) shares over potential securities laws violations by Credit Acceptance Corporation and certain...
01, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $107.4 million, or $7.94 per diluted share, for the three months ended June ...
THE PARTIES UNDERSTAND THEY WILL NOT HAVE THE RIGHT TO A TRIAL BY A COURT OR A JURY AND THAT THE INFORMATION THAT CAN BE OBTAINED IN DISCOVERY FROM EACH OTHER OR FROM THIRD PERSONS IN ARBITRATION IS GENERALLY MORE LIMITED THAN IN A LAWSUIT. IN ADDITION, OTHER RIGHTS THAT THE PARTIES ...
Discovery Court process in which a consumer can request information or evidence held by the credit card company or collections agency pertaining to the disputed credit card amount. The lawsuit plaintiff, the credit card company or collections agency, may also submit information requests during discovery...
For customers of the companies, it might eventually mean bigger perks and more merchant acceptance of Discover cards, and potentially lead to more competition in the payments industry. But most of the benefits will be going to the companies themselves, as well as the merchants who accept these ...
Less than a week after suing, Disney settled an antitrust lawsuit against Visa and Mastercard on Wednesday accusing the credit card companies of charging bloated processing fees.According to a court document, Disney moved to dismiss the suit. Terms of the deal weren’t disclosed.The suit r...
In July 2019, Shanghai Gopher filed a civil lawsuit in Shanghai Financial Court against Camsing and the Buyer (collectively, the "Co-defendants"), requesting Shanghai Financial Court to enforce the Co-defendants to fulfill the payment obligations with respect to the outstandi...
a dynamically programmable magstripe. Current models don't support chip-and-pin security and lack the necessary NFC modules for contactless payments, but with near universal acceptance of swipe-to-pay POS systems, Coin's form factor is currently more flexible. That is if it works as advertised....
Then, on August 31, 2020, the Massachusetts AG published a press release announcing the lawsuit against Credit Acceptance. In the press release, AG Healey stated, "This company made unaffordable and illegal loans to borrowers, causing them to fall into thousands of dollars of debt and even lose...
Then, on August 31, 2020, the Massachusetts AG published a press release announcing the lawsuit against Credit Acceptance. In the press release, AG Healey stated, "This company made unaffordable and illegal loans to borrowers, causing them to fall into thousands of dollars of debt and even lose...