December 03, 2025
The U.S. Securities and Exchange Commission has moved to resolve its lawsuit accusing two former executives of an Illinois-based automobile financing company of misleading investors about the subprime automobile loans that backed a $100 million offering by the company now that they have pled guilty and been sentenced on fraud charges in a corresponding criminal case.
September 24, 2021
The U.S. Securities and Exchange Commission has filed suit against two former executives of an Illinois-based automobile finance company for allegedly misleading investors about the subprime automobile loans that backed a $100 million offering by the company.