10-20-2009, 06:58 PM | #1 |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
AG settles contempt case against Zangara Dodge
News reports indicated that the New Mexico Attorney General has settled a contempt case against Zangara Dodge for $100,000.
The $100,000 settlement will be used as a restitution fund for customers who have claims against the dealership. The AG's office reports they received almost 100 complaints alleging the dealership failed to pay trade liens, pay license fees, pay for Service Contract and GAP policies, etc. Surprisingly, the amount the Attorney General settled for is expected to be less than the amount owed to Zangara Dodge customers. If the restitution fund runs short, consumers will have to choose between accepting a reduced amount or filing a separate action against Zangara Dodge. Here's a link to the news report - click here |
11-09-2009, 09:42 AM | #2 |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
Zangara's back in the news....
Ken Zangara is back in the news because his recent bankruptcy filing indicates he went to Las Vegas and tried to win money gambling in an effort to save his dealership. It's reported that Zangara incurred $250K in gambling losses.
Zangara and his wife filed for Chapter 7 bankruptcy last month - the shortfall between assets and liabilities exceeds $2 Million. Here's a link to the news report - click here Trying to win your store back by taking a trip to Las Vegas - that's a lesson they probably don't teach at dealer school..... |
11-09-2009, 11:28 AM | #3 |
Senior Member
Join Date: Aug 2009
Posts: 518
|
Further buttressing the point-
Data Driven Matrix=Terminological Inexactitude |
11-09-2009, 12:05 PM | #4 | |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
Quote:
The fact that I can't find a reporter who has any interest in this story is just sad. If I were running CRDR I would make Ken Zangara the poster-boy for the need for a Congressional Review of Chrysler's "data driven" selection process. |
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Help for Jeep dealer in arbitration case | G8Girl | Sales | 7 | 06-24-2010 05:44 PM |
Ralph Schomp Automotive settles EEOC case for $1.5 Million | XDCX | Automotive Discussions | 0 | 01-10-2010 02:53 PM |
Is Zangara Dodge closed? | XDCX | Automotive Discussions | 10 | 03-27-2009 04:56 PM |