Tag: CACC

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Credit Acceptance Corporation (CACC) Investors

LOS ANGELES–(BUSINESS WIRE)–Oct 5, 2020–

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Credit Acceptance Corporation (“Credit Acceptance” or the “Company”) (NASDAQ: CACC ) common stock between November 1, 2019 and August 28, 2020, inclusive (the “Class Period”). Credit Acceptance investors have until December 1, 2020 to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here to participate.

On Friday, August 28, 2020, the Massachusetts Attorney General (“AG”) filed a complaint against Credit Acceptance alleging that the Company made unfair and deceptive auto loans to consumers and engaged in unfair debt collection practices. Among other things, the complaint alleged that, since 2013, Credit Acceptance topped off the pools of loans that it packaged and securitized with higher risk loans. It further alleged that

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CREDIT ACCEPTANCE SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Credit Acceptance Corporation – CACC

NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until December 1, 2020 to file lead plaintiff applications in a securities class action lawsuit against Credit Acceptance Corporation (NasdaqGS: CACC), if they purchased the Company’s shares between November 1, 2019 and August 28, 2020, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of Michigan.

What You May Do

If you purchased shares of Credit Acceptance and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-cacc/ to learn more. If you wish to serve as

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