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Latest SC News From Around the Web
Below are the latest news stories about Santander Consumer USA Holdings Inc that investors may wish to consider to help them evaluate SC as an investment opportunity.
SHAREHOLDER ALERT: Lowey Dannenberg Investigates Claims on Behalf of Investors of Santander Consumer USA (SC).
Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors is investigating possible violations of federal securities laws on behalf of investors of Santander Consumer USA Holdings Inc. (“Santander” or the “Company”) (SC). Santander is a provider of financing, refinancing, and cash back refinance services for new and used vehicles. On May 19, 2020, Santander announced that it has reached a settlement with a group of 34 state attorneys general worth $550 million over shady subprime auto loan lending practices.
Santander Consumer (SC) agrees to a settlement of $550 million with the states over subprime auto lending malpractices.
Santander Consumer USA Holdings Inc said on Tuesday it had agreed to make changes to its underwriting practices as part of a $550 million settlement with 33 states and the District of Columbia over subprime auto loans.
A group of 34 state Attorneys General has reached a settlement with Santander Consumer USA, over allegedly shady subprime auto loan practices, that could provide consumers with $550 million in relief nationwide, officials announced Tuesday. The bank allegedly violated consumer protection laws in targeting buyers who were more likely to default for risky loans, according…
Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), today issued the following statement regarding its voluntary settlement with 33 states and the District of Columbia, which alleged that auto loans that SC funded through certain automobile dealers dating back to 2010 violated consumer protection laws because of the high risk that certain borrowers would default:
Santander Consumer USA Holdings Inc. Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Shareholders
Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC", "we" or the "Company") today announced that due to the public health concerns relating to the coronavirus (COVID-19) pandemic, and to protect the health and safety of its shareholders, employees and other stakeholders, the Company's 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be a virtual meeting, which will be held as a live audio webcast, instead of an in‑person meeting as previously announced. The Annual Meeting will be held Wednesday, June 10, 2020 at 11:00 A.M. Central Time, as previously scheduled. The business items to be considered at the Annual Meeting also remain the same. Shareholders will not be able to attend the meeting in person.
Q1 2020 Santander Consumer USA Holdings Inc Earnings Call
To address the impact of the COVID-19 pandemic, Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), announced today that the Santander Consumer USA Inc. Foundation has made charitable grants totaling $1.3 million to 18 nonprofit organizations in the communities in which SC operates.
Here's What You Should Know About Santander Consumer USA Holdings Inc.'s (NYSE:SC) 5.9% Dividend Yield
Is Santander Consumer USA Holdings Inc. (NYSE:SC) a good dividend stock? How can we tell? Dividend paying companies...
Image source: The Motley Fool. Santander Consumer USA Holdings Inc (NYSE: SC)Q1 2020 Earnings CallApr 30, 2020, 8:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the Santander Consumer USA Holdings First Quarter 2020 Earnings Conference Call.