U.S. Justice Dept Files Lawsuit Against National General Holdings And Subsidiaries For Misleadingly Insuring Hundreds Of Thousands Of Borrowers' Vehicles
Portfolio Pulse from Benzinga Newsdesk
The U.S. Justice Department has filed a lawsuit against National General Holdings and its subsidiaries for misleadingly insuring hundreds of thousands of borrowers' vehicles.
July 25, 2024 | 6:47 pm
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National General Holdings is facing a lawsuit from the U.S. Justice Department for misleadingly insuring hundreds of thousands of borrowers' vehicles.
The lawsuit from the U.S. Justice Department is a significant legal issue that could lead to financial penalties and damage to the company's reputation, likely causing a negative impact on the stock price in the short term.
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