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Violation Tracker Individual Record

Company: AmeriCredit Financial Services Inc.
Current Parent Company: General Motors
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $388,000,000
Year: 2012
Date: October 5, 2012
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: After being taken over by General Motors, AmeriCredit agreed to pay $388 million to settle litigation alleging it violated California law by failing to notify borrowers before selling vehicles that had been repossessed.
Level of Government: federal
Action Type: private litigation
Court: Southern District of California
Civil or Criminal Case: civil
Case ID: 3:10cv1373
Case Name: Aho v. AmeriCredit Financial Services, Inc.
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
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.