Settlement Ends Long-Running Dispute Between TitleMax, Rival Lenders
More than two dozen car-tile lenders and brokers sued TitleMax over claims that the lending giant used illegal and unethical tactics to siphon off their customers.
April 23, 2019 at 05:33 PM
4 minute read
A long-running dispute between car-title loan giant TitleMax and a group of rival lenders has settled after a Fulton County judge denied several cross motions for summary judgment last month.
The sprawling conflict, which spawned litigation in Georgia, South Carolina and Texas, originally centered on claims that TitleMax used vehicle registration information to target competitors' customers and paid their employees for referrals but grew to include cross-claims of deceptive advertising and conspiracy.
It also resulted in TitleMax's original counsel, Greenberg Traurig, being disqualified from the case because it had previously represented a key plaintiff, Select Management Resources. SMR also sued Greenberg in short-lived litigation that settled in 2017.
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