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AutoCanada Settles FTC Investigation for $20 Million
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AutoCanada Settles FTC Investigation for $20 Million

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AutoCanada (TSE:ACQ) has released an update.

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AutoCanada has reached an agreement with the U.S. Federal Trade Commission to resolve a civil investigation into its business practices in Illinois, agreeing to pay $20 million in monetary relief without admitting wrongdoing. This settlement concludes the investigation, allowing the company to move forward without civil penalties.

For further insights into TSE:ACQ stock, check out TipRanks’ Stock Analysis page.

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