District Court (Va.) Says Car Dealer May Violate TILA by Inflating Vehicle’s Purchase Price If, Also, Cash Price is Higher than Financed Price; State UDAP Claims Can Be Asserted Against Holder under the FTC Holder Rule
In Harold v. TMC Enterprises, LLC, 2016 WL 6069023 (W.D. Va. 2016), Judge Moon held that a car buyer adequately pleaded a TILA violation due to an inflated purchase price of the vehicle where the buyer also alleged that the finance price of a vehicle is higher than its cash price. Plaintiff asserts that Defendants violated the TILA by failing… Read More