Used-car retailer Carvana admitted to violating state law by failing to transfer car titles in a timely manner and has reached a settlement agreement with the state, officials said Tuesday.
The $250,000 bond Carvana is being required to surrender will go to compensate people who were fined for late registrations or otherwise lost money through buying a car with Carvana, Henry Haupt, spokesperson for the secretary of state, said in an email. Those who were fined are encouarged to call the secretary of state’s office at 630-693-0551.
“The admission by Carvana demonstrates what we knew all along: that Carvana was violating the law in a manner that was harmful to Illinois consumers,” Giannoulias said in a statement.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Carvana Admits to Violating State Laws Over Titling and Registering Cars It Sold Last Year in IllinoisAfter a drawn-out, six-month legal fight between the state of Illinois and the popular, online vehicle vendor Carvana, a formal settlement has been reached that could better protect consumers looking to purchase cars from their phones.
Les mer »
Illinois Gov. J.B. Pritzker defends state's new sweeping gun banGun rights advocates have filed at least three lawsuits challenging the state law.
Les mer »
Illinois assault weapon ban hits another hurdleA new law banning the sale of assault weapons in Illinois has been strapped with a temporary restraining order.
Les mer »