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INVESTOR ALERT: Investigation of Consumer Portfolio Services, Inc. Announced by Glancy Binkow & Goldberg LLP
[January 29, 2015]

INVESTOR ALERT: Investigation of Consumer Portfolio Services, Inc. Announced by Glancy Binkow & Goldberg LLP


Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Consumer Portfolio Services, Inc. ("CPSS" or the "Company") (NASDAQ:CPSS) concerning possible violations of federal securities laws. The investigation is focused on certain statements issued by CPSS concerning the Company's operations and financial prospects.

Please contact Lesley Portnoy at (888) 773-9224 or (310) 201-9150, or at [email protected] to discuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.



CPSS operates in the United States as a specialty finance company that purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks and passenger vans. The Company provides an alternative source of financing for dealers, to facilitate sales to customers who might not be able to obtain financing from commercial banks, credit unions or other finance companies. The investigation is related to the Company's disclosure in a regulatory filing that on January 14, 2015, the Company received a civil investigative subpoena from the U.S. Department of Justice, pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989. According the Company, the subpoena directs CPSS "to produce documents relating to our subprime automotive finance and related securitization activities."

If you purchased CPSS securities, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.


This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


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