Judgment for Anthony Newman Against SRT Auto Sales, LLC, and Taylor J. Forrest

Corey D. McGaha, PLLC, is proud to announce a successful judgment on behalf of our client, Anthony Newman, in a significant consumer rights case. The Pulaski County Circuit Court awarded a substantial judgment of $141,104.62 against SRT Auto Sales, LLC, and its registered agent, Taylor J. Forrest, following a detailed evaluation of fraud and deceptive practices that violated both federal and state laws.

Overview of the Case

Mr. Newman initiated legal proceedings after discovering he had been deceived in his purchase of a Chevrolet Camaro from SRT Auto Sales. The dealership had falsely represented the vehicle’s odometer reading, bypassing critical disclosure requirements outlined in the Motor Vehicle Information and Cost Savings Act (MVICSA) and the Arkansas Deceptive Trade Practices Act (ADTPA). In doing so, SRT Auto Sales violated Mr. Newman’s consumer rights, leading him to suffer considerable financial losses.

Key Points of the Court’s Findings

The judgment reflects the court’s findings of multiple violations of both state and federal laws, including:

1. MVICSA Violations: The dealership was found guilty of intentional fraud by misrepresenting the Camaro’s odometer as “exempt,” concealing essential information and misleading the buyer.
2. Deceit and Fraud: The defendants were found to have knowingly deceived Mr. Newman about the vehicle’s condition and compliance, intending for him to rely on their misrepresentations.
3. ADTPA Violations: The court determined that SRT Auto Sales engaged in unconscionable business practices under Arkansas law, further solidifying Mr. Newman’s case.

Damages and Awards

In light of the evidence, the court awarded Mr. Newman:

• Actual Damages: $11,164 for the cost and financial impacts of the Camaro.
• Treble Damages: Under the MVICSA, this amount was trebled to $33,492 to reflect the severity of the fraudulent conduct.
• Punitive Damages: The court imposed an additional $90,000 to punish SRT Auto Sales and discourage similar practices.
• Attorney Fees and Costs: $7,448.62 was awarded to cover the cost of legal representation, filings, and related expenses.

With a 7.5% post-judgment interest rate, this substantial judgment reinforces the importance of transparency and integrity in consumer transactions, particularly in the automotive sector.

Implications for Consumers and the Auto Industry

This judgment sends a strong message: deceptive practices in auto sales will not go unpunished. Corey D. McGaha, PLLC, remains committed to defending the rights of consumers, ensuring accountability, and promoting ethical business practices. If you believe your consumer rights have been violated, contact Corey D. McGaha, PLLC, to learn how we can advocate for you in the pursuit of justice.