Texas to get $100,000 from settlement with used-car retailer CarMax
CarMax has agreed to pay $1 million as part of an agreed settlement with attorney generals from Texas and 35 other states over the company’s alleged failure to disclose safety recalls. In 2020 in Houston, CarMax buyer Bobby Sheik, left, looks over a Lexus SUV brought in by the owner, right, for a possible sale.SAN ANTONIO — Texas will receive more than $100,000 as part of a $1 million multistate settlement with used-car retailer CarMax over its alleged failure to disclose safety recalls.
The document states $55,000 will go to the Supreme Court Judicial Fund or to general revenue, while the remainder will cover attorneys fees and costs related to the investigation. “Open safety recalls can be a serious safety risk to drivers, passengers, and all others on the road,. The “settlement with CarMax sends an important industry-wide message that used car dealers must disclose these open safety recalls to consumers before any sale.”
When a vehicle CarMax is selling is subject to an open recall for safety issues that have not been repaired, the settlement requires it to “clearly and conspicuously disclose” that to shoppers both online and at its stores.to learn details about any recalls for the vehicle.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Best gifts for holiday exchanges, organized by budgetOur favourite holiday exchange gifts under $20, $30, $50 and $100
Les mer »
Comedian Gabriel Iglesias throws $100K Quinceañera for his dog: ‘Party of the year’Fluffy dishes out for his puppy. Comedian Gabriel Iglesias spoiled his longtime companion with a quinceañera celebration which cost about $100K for his dog Risa, according to Today. “Party of…
Les mer »
Two sisters just reunited with the mystery woman who gave them $100 on a plane 23 years agoIt's been more than 23 years since a mystery woman on an airplane gave them an envelope with $100. CNN covered the quest to find the stranger and say thanks, but they hadn't been reunited in person -- until now.
Les mer »
Column: Oh, to be royal, without the obligations! Have Harry and Meghan figured out how?Column: Oh, to be royal, without the obligations! Have Harry and Meghan figured out how? (via latimesopinion)
Les mer »