Appeals Court Overturns Class-Action Status for GMAC Loan Discrimination Lawsuit
A discrimination lawsuit filed against General Motors Acceptance Corp. (GMAC) by black customers claiming that they were charged higher interest rates on car loans than whites was stripped of its class-action status July 22, according to the Associated Press.
The 6th U.S. Circuit Court of Appeals, based in Cincinnati, agreed with GMAC that claims for monetary damages involve "highly individualized
determinations that are not appropriate" for class-action status, according to an AP report.
The original lawsuit was filed in 1998 by Addie D. Coleman, a black woman upset over the financing agreement she received at a Nashville
dealership.
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