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Litigation

May 29, 2010

Auto Lending is New Backdating Nexus

Rosner, Barry & Babbitt argues that some auto dealerships have been illegally backdating their rewritten sales contracts, resulting in extra interest fees and costs to consumers.

By Ciaran McEvoy

Daily Journal Staff Writer

Stock option backdating has been controversial to say the least, resulting in the criminal prosecutions of several corporate executives, including former KB Home CEO Bruce E. Karatz.

But now one San Diego-based plaintiffs' firm is going after another industry where it claims the practice is rampant: car sales.

Rosner, Barry & Babbitt, which identifies itself as...

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