An investigation for shareholders in Credit Acceptance Corp. (NASDAQ:CACC) shares over potential securities laws violations by Credit Acceptance was announced and NASDAQ:CACC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 12/15/2015 -- An investigation for shareholders in NASDAQ:CACC shares over potential securities laws violations by Credit Acceptance and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Credit Acceptance Corp. (NASDAQ:CACC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Credit Acceptance regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 6, 2015, Credit Acceptance Corp. disclosed that on September 18, 2015, it received a subpoena from the Attorney General of the State of New York, Civil Rights Bureau relating to the Company's origination and collection of Consumer Loans in the state of New York.
Shares of Credit Acceptance Corp. (NASDAQ:CACC) closed on December 11, 2015 at $208.97 per share.
Those who purchased shares of Credit Acceptance Corp. (NASDAQ:CACC) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com