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Multistate Settlement

All articles tagged with #multistate settlement

GM Pays $220M to Settle Multistate Suit Over Secret Sale of Driver Data
business-and-technology2 hours ago

GM Pays $220M to Settle Multistate Suit Over Secret Sale of Driver Data

General Motors has agreed to pay $220 million to settle a multistate lawsuit alleging it sold private driving data from its Smart Driver program to insurance companies without consent. The settlement, announced on October 29, 2026, resolves claims from 36 states and the District of Columbia. GM will also implement stricter data collection limits and consent requirements. The program, which tracked driving habits from 2016 to 2024, was discontinued in 2024 after media exposure revealed that insurers used the data to adjust premiums.

Credit Acceptance Pays $694M to Settle Predatory Auto Loan Claims
business-and-consumer1 month ago

Credit Acceptance Pays $694M to Settle Predatory Auto Loan Claims

Credit Acceptance Corporation has agreed to a $694 million settlement with 41 state attorneys general to resolve allegations that it issued subprime auto loans to borrowers it knew could not afford them. The deal provides cash payments and debt forgiveness for thousands of consumers, including 4,890 in Georgia, while requiring the lender to implement stricter disclosure and dealer oversight practices.