Dealer Compliance Consultants, Inc.

12/21/2017

New York Attorney General Eric Schneiderman has filed a lawsuit against Victory Mitsubishi of Larchmont and Victory Suzuki of the Bronx, charging the stores with selling an ‘unwanted and bogus’ anti-theft product.

11/06/2017

Another expensive example of why dealers need to get serious about how they advertise. The "but we've always done it this way" mindset doesn't hold water with aggressive regulators.

A Southern California-based auto dealership group will pay $1.

10/12/2017

The Long Island businesses are among five auto dealerships in New York that will pay nearly $1 million in restitution.

09/26/2017

AG Healey Sues Auto Dealer JD Byrider for Predatory Sales and Loan Practices

08/19/2017

Yet another six-figure penalty assessed against a dealer by a state regulator along with a laundry list of what they consider to be deceptive sales and financing practices. Dealers beware!

08/15/2017

"The investigation turned up hundreds of instances of a product called Total Loss Protection, meant to serve as a theft deterrent, being added onto customers' bills, costing them between $215 and $5,000, the AG's Office said"...

08/07/2017

More evidence that lenders are stepping up their scrutiny of dealer practices.

07/31/2017

Statewide sweeps should convince dealers to clear the flim-flam artists from your F&I department.

07/20/2017

http://www.mondaq.com/article.asp?articleid=611798&email_access=on&chk=1613980&q=1002182

Spurred by a recent change in a Massachusetts wage and hour regulation, plaintiffs' attorneys are aggressively pursuing class action lawsuits seeking unpaid overtime premium pay on behalf of car salespeople... United States Employment and HR Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. 19 Jul...

07/11/2017

On July 10, the CFPB issued its long-awaited rule limiting the effect of mandatory arbitration agreements involving specified consumer financial products and services. The full notice is found here (hereinafter "notice") and a 29 page extract showing the actual rule and official interpretations is f...

05/31/2017

Another lender under fire for allegedly turning a blind eye to dealer misbehavior...

The lawsuit alleges the David Stanley auto dealerships inflated customer incomes and vehicle values to provide more costly loans to customers with bad credit, and after the finance company found out it hid the information from customers.

05/26/2017

As I predicted in the article "Dealers Have a New Cop on the Beat to Worry About", regulators are continuing to target finance companies in cases of dealer misconduct: https://lnkd.in/gYqCAgk
http://usedcarnews.com/ucndemo4/index.php/new-now/item/1724-nyc-charges-dealers