The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of CACC, LOOP and YY
The MarketWatch News Department was not involved in the creation of this content.
December 01, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / December 1, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Credit Acceptance Corporation (NASDAQ:CACC)Class Period: November 1, 2019 – August 28, 2020Lead Plaintiff Deadline: December 1, 2020
Credit Acceptance Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) the Company was topping off the pools of loans that they packaged and securitized with higher-risk loans; (ii) Credit Acceptance was making high-interest subprime auto loans to borrowers that the Company knew borrowers would be unable