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Violation Tracker Individual Record

Company: Ford Motor Credit
Current Parent CompanyFord Motor
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $10,275,000
Year: 2006
Date: June 5, 2006
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: To resolve allegations that it discriminated against minority customers, Ford Motor Credit agreed to reform its practices and implement a diversity marketing initiatives that included offers of credit and financial incentives to affected parties, but no value was put on the program. The company also agreed to pay $125,000 to class representatives, $2 million for consumer education and $8.15 million for plaintiff's legal fees and expenses.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:00-cv-8330
Case Name: Jones, et al v. Ford Motor Credit
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.