Credit Acceptance Corporation (CACC)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Credit Acceptance Corporation ("Credit Acceptance" or "the Company") (NYSE: CACC). The investigation concerns whether Credit Acceptance and certain of its officers and/or directors have violated federal securities laws.
On March 10, 2021, news outlets reported that Credit Acceptance was under investigation by the office of the Attorney General of New York for violations of the Martin Act, a New York statute granting the Attorney General expansive law enforcement powers to conduct investigations into potential securities fraud and to bring civil or criminal actions against alleged violators. On this news, Credit Acceptance’s stock price fell $21.79 per share, or 5.43%, to close at $379.36 per share on March 11, 2021.
If you are aware of any facts relating to this investigation, or purchased Credit Acceptance shares, you can assist this investigation by visiting contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.