Dealer Services Corporation
AUTOMOTIVE FINANCE CORPORATION Anti-trust, Intercompany Creditor Agreement, Unfair Competition

Business & Finance

AFC & DSC Intercompany Creditor Agreement may Violate Anti-Trust Laws
AFC alleged that its former employees took computer records and trade secrets to their new jobs at DSC, founded by former AFC president John Fuller in a verified complaint filed August 17.
DSCs counterclaim alleged that AFC refused to enter into a blanket intercompany creditor agreement with DSC and engaged in unfair competition that interfered with DSC's prospective business relationships by providing false information to potential customers of DSC.
DSC sought $25,000, 000 for punitive and other damages and contended AFCs lawsuit was an attempt to drive DSC out of business, and to illegitimately intimidate current AFC employees from pursuing employment at DSC.
Twelve DSC employees were required to take paid leaves of absence ranging from two to six months in the settlement agreement between AFC and DSC.


Company: Dealer Services Corporation
Country: USA
State: Indiana
City: Carmel
Site: discoverdsc.com
  <     >  

RELATED COMPLAINTS

Dealer Services Corporation
Dealer Services Corporation false, misleading, damaging statements, Court

Dealer Services Corporation
Discover DSC, DSC Repossession, Lease to Own, Rent-to-Own

Cbcs
Ripoff

Carbiz Dealer Services Corporation Ren't'own
Fannie Mae lease usury predatory lending Carmel, Indiana

California Department of Corporations
Preston DuFauchard $60,000

Dealer Services Corporation
Conversion Conned Tricked Repossession

JD Byrider - CNAC
CNAC customers get relief in Iowa - You Can Win! Iowa Attorney General Tom Miller announced today that "Auto Receivables Trust" has agreed to significantly improve the interest rate

Dealer Services Corporation
Repossession IS Conversion

Dealer Services Corporation
Unlicensed Lender, Usury, Loan Shark

Dealer Services Corporation
Discover - DSC is an Unlicensed Financial Lender The maximun of interst on a commercial loan is the greater of 10% or 5% of the federal discount rate as set by San Francisco Federal Reserve Bank