NEW YORK, Feb. 1, 2023 (GLOBE NEWSWIRE) — Scott+Scott Attorneys LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of Credit Acceptance Corporation (“Credit Acceptance”) CACC have breached their fiduciary duties to Credit Acceptance and its shareholders. If you are a Credit Acceptance shareholder, you can contact Attorney Joe Pettigrew toll-free at 844-818-6982 or for more information jpettigrew@scott-scott.com.
Scott+Scott is investigating whether members of the Board of Directors or senior management of Credit Acceptance have failed to manage Credit Acceptance in an acceptable manner in breach of their fiduciary duty to Credit Acceptance and whether this has harmed Credit Acceptance and its shareholders.
On January 4, 2023, the Consumer Financial Protection Bureau and the New York Attorney General filed a lawsuit against Credit Acceptance, accusing Credit Acceptance of luring consumers into unpayable loans and then repackaging those loans into securities and the resulting promissory notes to unsuspecting investors to have handed over.
What you can do
If you are a shareholder of Credit Acceptance, you may have legal claims against Credit Acceptance’s directors and officers. If you would like to discuss this investigation or have any questions about this notice or your legal rights, please call Attorney Joe Pettigrew toll free at 844-818-6982, or jpettigrew@scott-scott.com.
About Scott+Scott
Scott+Scott has extensive experience prosecuting major securities, antitrust and consumer lawsuits in the United States. The firm represents pension plans, endowments, individuals and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California and Ohio.
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CONTACT:
Joe Pettigrew
Scott+Scott Attorneys LLP
600 W. Broadway, Suite 3300
San Diego, CA 92101
844-818-6982
jpettigrew@scott-scott.com
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