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Motor Vehicles › Automotive Industry › Financial Institutions

Fox Rothschild LLP

FTC Issues GLBA Safeguard Rule FAQs: What Motor Vehicle Dealers Need to Know

Fox Rothschild LLP on

The FTC has issued FAQs for Gramm-Leach-Bliley Act (GLBA) Safeguards Rule compliance by Motor Vehicle Dealers. Here is what you need to know: Step 1: Are you a financial institution? • You are if you either finance (or...more

Ballard Spahr LLP

FTC and Wisconsin AG enter into settlements with auto dealerships for alleged discriminatory financing practices deceptive add-on...

Ballard Spahr LLP on

The Federal Trade Commission and Wisconsin Attorney General have entered into settlements with a group of auto dealerships, their current and former corporate owners, and their general manager for allegedly engaging in...more

McGlinchey Stafford

An Auto Repossession Avalanche Is Coming: Are You ready?

McGlinchey Stafford on

The impact of the COVID-19 pandemic on the U.S. economy is momentous. As businesses across the country shut down to comply with stay-at-home orders, workers have been laid off at a record pace. With unprecedented unemployment...more

Ballard Spahr LLP

CFPB Orders Indirect Auto Finance and Title Loan Companies to Pay $48.35 Million in Redress and Penalties For Abusive Debt...

Ballard Spahr LLP on

The CFPB has entered into a consent order with Westlake Services, LLC, an indirect auto finance company, and its wholly owned subsidiary, Wilshire Consumer Credit, LLC, for alleged deceptive debt collection practices. The...more

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