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Company: Westlake Services, LLC
Current Parent Company:
Hankey Group
Parent at the Time of the Penalty Announcement:
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Penalty: $5,700,000
Year: 2016
Date: March 16, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Westlake Services, LLC agreed to provide $5.7 million in debt relief in settlement of allegations it charged excessive interest rates on subprime auto loans.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.