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Stock Market & Financial Investment News

News Breaks
May 29, 2014
15:46 EDTCPSSConsumer Portfolio announces settlement with FTC
Consumer Portfolio Services announced a final settlement with the Federal Trade Commission resulting from the FTC's inquiry into the company's business practices. "We are pleased to have resolved the matter with the FTC," said Charles E. Bradley, Jr., President and CEO. "We cooperated fully with the FTC during their inquiry and made several system and procedural changes related to their comments. Furthermore, we are pleased that the final settlement is consistent with our expectations. Accordingly, the amounts we've agreed to pay for customer refunds and the civil penalty are covered entirely by the legal provision expenses we've previously recognized."
News For CPSS From The Last 14 Days
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October 14, 2014
16:31 EDTCPSSConsumer Portfolio reports Q3 EPS 24c, consensus 22c
Reports Q3 revenue $77.1M, consensus $59.63M.

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