In Saunders v. Branch Banking & Trust of Virginia, the Court of Appeals for the Fourth Circuit affirmed a punitive damage award against an automobile lender that had failed to report to the Credit Reporting Agencies in response to a Consumer Dispute Verification that the consumer disputed the account.  The Court of Appeals found that a furnisher’s failure to report an account as “disputed” 15 U.S.C. §1692s-2(a)(8)(e) rendered the report “incomplete or inaccurate” under 15 U.S.C. §1681s-2(b)(1)(D).  The Court of Appeals affirmed the $80,000 punitive damage award rendered by the jury against the the auto lender.  saunders-v-branch-banking-and-trust-__-f3d-__-4th-cir-2008