Levi & Korsinsky, LLP announces that it has commenced an investigation of Credit Acceptance Corp. (“Credit Acceptance” or the “Company”) (NASDAQGS: CACC) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On November 6, 2015, Credit Acceptance filed a Form 10-Q with the SEC disclosing that on September 18, 2015 the Company had received a subpoena from the Attorney General of the State of New York relating to the Company’s origination and collection of consumer loans in the state of New York. Shares of Credit Acceptance have fallen from a close of $206.60 per share on September 18, 2015, to a recent close of $162.89 per share. To obtain additional information about the investigation, go to:
http://zlk.9nl.com/credit-acceptance-cacc
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151120005746/en/
Contacts:
Joseph E. Levi, Esq.
Tel:
212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com