Judge clears way for Smart Choice securities fraud suit

Freedman, Eric
October 2000
Automotive News;10/30/2000, Vol. 75 Issue 5901, p31
Trade Publication
Reports that a federal judge in Orlando, Florida has refused to dismiss a securities fraud suit by investors against Smart Choice Automotive Group Inc., a Florida-based seller of used vehicles. Allegation that Smart Choice and two of its corporate officers at the time violated securities law; Claim that the company defrauded investors by falsely reporting positive earnings to the Securities & Exchange Commission.


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