The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department of Justice announced Monday.In addition to compensating affected service members, the company will pay a $79,380 civil penalty to the U.S., according to the DOJ.Federal officials accused CarMax of violating the Servicemembers Civil Relief Act (SCRA) by seizing vehicles owned by members of the armed forces without first obtaining court approval."Federal law prohibits businesses from repossessing ser...
HALO NEWSLETTER
Join HALO today and unlock this story instantly — It's Free
