CPS Subpoenaed By DOJ

IRVINE, Calif. — In a regulatory filing posted last week, Consumer Portfolio Services revealed that the U.S. Department of Justice has subpoenaed the finance source, requesting documents related to its subprime auto finance practices and related securitization activities. CPS received the subpoena on Jan. 14, according to the Securities and Exchange Commission filing. “Other purchasers ... Read More »

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