New securities-fraud suit accuses Fidelity Holdings

Freedman, Eric
December 2000
Automotive News;12/11/2000, Vol. 75 Issue 5907, p9
Trade Publication
Reports on developments in lawsuits concerning the automobile industry. Shareholders' filing of a securities-fraud suit against Fidelity Holdings Inc., alleging that the company made false and misleading statements to sell stock; Louisiana appeals court's support for a dealer in light of a customer's bid to buy a pickup based on the wrong window sticker.


Related Articles

  • Fidelity buys lot, announces 3-2 stock split. Corry, Carl // Long Island Business News (7/1993 to 5/2009);05/07/99, Vol. 46 Issue 19, p5A 

    Reports on Fidelity Holdings' agreement to acquire Hempstead Mazda as part of its continuing effort to consolidate local automobile dealerships in Hempstead, New York. Other acquisitions of Fidelity Holdings; Contractual agreement with several dealerships; Plans to declare a dividend in the...

  • Fidelity Holding enters auto fray. Corry, Carl // Long Island Business News (7/1993 to 5/2009);01/15/99, Vol. 46 Issue 3, p5A 

    Focuses on Fidelity Holdings' plan to acquire the Major of Five Towns automobile group in the United States. Negotiation for four other area dealerships in Long Island, New York; Goal of becoming a key player in metropolitan area automobile sales.

  • Retail group stock prices.  // Automotive News;4/5/1999, Vol. 73 Issue 5813, p2 

    Lists stock prices of operators of group automobile dealerships in the United States as of April 1, 1999. Includes Budget Group; CarMax; Fidelity Holdings Inc.

  • Fidelity continues to gobble auto dealerships.  // Long Island Business News (7/1993 to 5/2009);02/26/99, Vol. 46 Issue 9, p4A 

    Reports on the plan of Fidelity Holdings Corp. to acquire automobile dealerships of Universal KIA, Compass Lincoln/Mercury and Compass Dodge.

  • Auto dealer drives off with area business. Lipowicz, Alice // Crain's New York Business;04/10/2000, Vol. 16 Issue 15, p18 

    Reports on Major Automotive Group's expansion into the automobile dealership sector in New York. Area dealerships targeted by the company for acquisition; Current presence of Major's parent company, Fidelity Holdings Inc., in the automobile sector.

  • Fidelity adds Compass to its holdings.  // Automotive News;8/28/2000, Vol. 74 Issue 5890, p6 

    Reports on developments related to the automobile industry in the United States as of August 28, 2000. Fidelity Holdings Inc.'s acquisition of Orange, New Jersey-based Major Automotive Group; Mike Losh's plan to retire as chief financial officer of General Motors.

  • Ties that bind. Jackson, Kathy // Automotive News;9/13/1993, Vol. 67 Issue 5517, Automotive News Insight p24i 

    Discusses the necessity of cooperation between automobile manufacturers and dealers. Custom-ordering of cars; Controlled dealer inventory; Value-pricing of vehicles. INSET: The keys to the future..

  • Factories slash British dealer margins to the bone. Freeman, Vaughn // Automotive News;7/25/1994, Vol. 68 Issue 5562, p8 

    Reports on the decision of British carmakers to slash dealer margins. Impact on the profitability of car dealers in Great Britain; Carmakers' need to protect share in entry-level and company-owned cars.

  • Incentive watch dealer incentives.  // Automotive News;3/6/1995, Vol. 69 Issue 5594, p38 

    Presents data on the automobile industry's dealer incentives. Cadillac; Ford; Isuzu; Mitsubishi.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics