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Violation Tracker Individual Record

Company: Ford Motor Credit dba Primus Financial Services
Current Parent CompanyFord Motor
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Penalty: $2,440,000
Year: 2007
Date: February 26, 2007
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: The Primus credit unit of Ford Motor was accused of discriminating against African-American customers by charging excessive interest rates. The company settled the suit by agreeing to limit how much dealers could mark up rates, providing 200,000 preapproved offers to black consumers, and paying $2.44 million in legal fees and expenses.
Level of Government: federal
Action Type: private litigation
Court: Middle District of Tennessee
Civil or Criminal Case: civil
Case ID: 3:02-cv-382
Case Name: Claybrook, et al v. Primus Auto Financ, et al
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.