NEW YORK — Attorney General Eric T. Schneiderman’s office reached a settlement yesterday with N.R. Automotive Inc.. The dealership, which was doing business as New Rochelle Toyota, will repay a total of $86,826 to 174 customers who were charged a bogus administrative fee.
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Dealer Settles With State
A New Jersey used-car dealer agreed to pay the state $66,000 in civil penalties and investigative and legal cost reimbursements to settle claims the store misrepresented vehicles.
Click Here to Read Full Story in Used Car News
Large Dealer Admits to Breaking Transaction Law
The largest volume used-car dealership in the state of Washington pleaded guilty and was sentenced for failure to file a monetary transaction report.
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Dealer Pays to Settle Religious Discrimination Lawsuit
Elk Grove car dealership has agreed to pay a former employee $158,000 and revise its personnel policy to settle a religious discrimination lawsuit.
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Disparate Impact Challenge Ends in Settlement
WASHINGTON and MOUNT HOLLY, N.J. — On the eve of a public forum on auto lending, hosted by the Consumer Financial Protection Bureau at its Washington, D.C., headquarters, a town council in N.J. voted to settle a housing discrimination case that relied on a much-disputed legal theory called “disparate impact.” The Consumer Financial Protection Bureau (CFPB) is currently using the theory in its review of the indirect financing channel.
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