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Violation Tracker Individual Record

Company: Ford Motor Credit Corporation
Current Parent Company: Ford Motor
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $6,200,000
Year: 2004
Date: June 10, 2004
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Ford Motor Credit Corporation agreed to customer restitution and payment of $6.2 million in legal fees and costs to settle multistate litigation alleging it overcharged customers when they terminated their auto leases early to purchase leased cars.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.