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Topics: Ramey Motors
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| Agency: Federal Trade Commission
Date: 18 September 2015 |
The civil penalty settlement resolves charges that Ramey Motors’ ads violated the consent order by concealing important terms of sale and lease offers, such as a required down payment, and failing to make credit disclosures clearly and conspicuously, as required by federal law.
The civil penalty order also prohibits Ramey Motors from violating the 2012 order.
The Commission vote authorizing the staff to file the stipulated civil penalty order was 5-0. The order was entered by the U.S. District Court for the Southern District of West Virginia, Bluefield Division, on September 9, 2015.
NOTE: Stipulated final orders have the force of law when approved and signed by the District Court judge.
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