Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

Active Cases

0

Pending Settlement

1

Closed

0

Total Settlement

$12M

CREDIT ACCEPTANCE CORP (CACC) Class Action Lawsuit (October 2020)Pending Settlement

2:20cv12698 • October 2, 2020

Class Period Start

May 3, 2018

Class Period End

November 27, 2020

PSLRA Deadline

December 1, 2020

Case Allegations

10b5

Statutes of Repose

May 3, 2021

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

December 2, 2022

Settlement Fund

$12,000,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or otherwise acquired the publicly traded common stock of Credit Acceptance Corporation during the period from May 4, 2018 through August 28, 2020, inclusive.

Claim Administrator

JND Legal Administration
Credit Acceptance Securities Litigation c/o JND Legal Administration P.O. Box 91300 Seattle, WA 98111
+1 877-654-1993
[email protected]

Hearing Date

November 16, 2022

Opt-out Deadline

November 16, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Dec 12, 2022

Final Approval of Settlement

Oct 3, 2022

Oct 3, 2022

Proof of Claim Form

Sep 19, 2022

Preliminary Approval of Settlement

Aug 24, 2022

Proposed Settlement

Sep 2, 2021

Motion to Dismiss

Jul 22, 2021

First Amended Complaint

Jun 10, 2021

Scheduling Order

May 28, 2021

Appointment of Lead Plaintiff

Oct 2, 2020

First Filed Complaint

TOP