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AmeriCredit Corp. Investors Filed Lawsuit Against ACF Board

  • If you are a current investor in AmeriCredit Corp. (NYSE:ACF) shares, who purchased your ACF stock prior to Thursday, July 22, 2010, and/or have information relating the investigation, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor in ACF stock filed a lawsuit in Texas State Court on behalf of current investors of AmeriCredit Corp. (NYSE:ACF) alleging breach of fiduciary duty for selling AmeriCredit too cheaply to General Motors. AmeriCredit Corp., located in Fort Worth, Texas, is an auto finance company operating in the automobile finance business. According to the complaint the plaintiff alleges t...

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