Credit Acceptance

CACC

ATLANTA, GA – – (ACCESSWIRE – January 4, 2023) – – Holzer & Holzer, LLC is investigating whether Credit Acceptance Corporation (“Credit Acceptance” or the “Company”) (NASDAQ: CACC) complied with federal securities laws.  On January 4, 2023, the New York Attorney General’s Office and the Consumer Financial Protection Bureau announced the agencies had filed suit against the Company, alleging Credit Acceptance engaged in fraudulent or deceptive practices by, among other things, “repeatedly misrepresenting to investors, initial purchasers, and rating agencies that [the Company’s] lending practices—and the resulting loans themselves—comply with state and federal law.” Following this announcement, the Company’s stock price dropped.

If you purchased Credit Acceptance stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at  cholzer@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website https://holzerlaw.com/case/credit-acceptance/ to discuss your legal rights.

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