FTC Posts Massive $20 Million Settlement With Dealer Group For Alleged Deceptive Practices
www.seyfarth.com
On Thursday, December 19, 2024, the Federal Trade Commission (FTC) and Illinois Attorney General announced a massive $20 million settlement with Leader Automotive Group, the operator of 10 dealerships in and around Bloomington, Illinois, for alleged unfair and deceptive acts and practices in connection with the sale of motor vehicles in violation of Section 5 of the FTC Act and Illinois state law. The FTC reported that the $20 million proposed monetary judgment was the largest to date recovered by the FTC in its ongoing effort to curb deceptive sales practices by auto dealers.
  • FuglyDuck@lemmy.worldEnglish
    1·
    16 hours ago

    Why does the “future of auto” graphic-thingy look like Star Wars ESB sewer drains just got a 20x price increase for RBG?

  • crank0271@lemmy.worldEnglish
    41·
    1 day ago

    “The Federal Trade Commission (FTC) and Illinois Attorney General announced a massive $20 million settlement with Leader Automotive Group, the operator of 10 dealerships in and around Bloomington, Illinois, for alleged unfair and deceptive acts and practices in connection with the sale of motor vehicles in violation of Section 5 of the FTC Act and Illinois state law.”