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?Sage Automotive pays $3.6 million to settle with FTC

Mar 15, 2017 - L.A. Biz

Sage Automotive Group, a Los Angeles-based auto dealership group, has agreed to pay more than $3.6 million to settle Federal Trade Commission charges that it used deceptive and unfair sales and financing practices, deceptive advertising and deceptive online reviews to sell cars.

The FTC filed suit in September against the defendants, which included nine auto dealerships, their holding and management companies and two individuals.

The commission accused them of using what the industry...