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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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July 22, 2014
07:36 EDTCPSSConsumer Portfolio management to meet with JMP Securities
Meetings to be held in the Midwest July 29-30 hosted by JMP Securities.
July 21, 2014
17:05 EDTCPSSConsumer Portfolio reports Q2 EPS 22c, consensus 22c
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