NEW YORK, Feb. 24, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against the Credit Acceptance Corporation CACCNorthrop Grumman Corporation NOCand Norfolk Southern Corporation NPC. Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided.

credit acceptance company CACC

On January 4, 2023, information was released regarding the US Consumer Financial Protection Bureau and the New York State Office of the Attorney General filing a joint lawsuit against the company. The CFPB stated that the loan acceptance violated New York’s usury laws governing interest rates and other consumer and investor protection laws.

The Attorney General of New York seeks to stop Credit Acceptance’s abusive and deceptive practices, reform or void existing credit agreements, compensate affected New Yorkers, and seek penalties and damages for this unacceptable and illegal conduct.

Following this news, the company’s shares closed up 11.61% on January 4, 2023.

You can find more information about the credit acceptance check at: https://bespc.com/cases/CACC

Northrop Grumman Corporation NOC

On January 26, 2023, Northrop reported its fourth quarter and full year 2022 financial results and announced that on December 9, 2022, the Company had received a criminal subpoena from the United States Department of Justice (“DOJ”) “requesting financial information related to received and cost accounting and controls that seem to focus on the interest rate the company used to determine it [its cost accounting standards] pension spending.”

As a result of this news, Northrop’s stock price fell $19.82, or 4.3%, to close at $443.47 per share on January 26, 2023, hurting investors.

For more information on the Northrop investigation, visit: https://bespc.com/cases/NOC

Norfolk South…