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Violation Tracker Individual Record

Company: Ally Financial Inc.
Current Parent Company: Ally Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $19,717,222
Year: 2018
Date: October 11, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Ally Financial agreed to pay approximately $20 million to settle litigation alleging it subjected vehicle buyers to fees not specified on their lease-to-own agreements.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:14cv22069
Case Name: Schreiber v. Ally Financial Inc.
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.