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Ally petitions U.S. Supreme Court to dissolve class action

Arent Fox's Automotive Group leader, Aaron Jacoby spoke with Automotive News about how Ally Financial Inc., one of the largest U.S. auto lenders, filed a petition Aug. 14 to the U.S. Supreme Court to dissolve a class action.

A Missouri Supreme Court verdict in a case that started with a dispute over a vehicle repossession could have far-reaching implications beyond the auto lending industry. Legal experts say the ruling could open the door for consumers from multiple states to form class-action lawsuits against any business, even if the laws from the various states differ from those in the state where the plaintiff resides. The Missouri high court affirmed a lower court's certification of a class in the dispute.

Ally Financial Inc., one of the largest U.S. auto lenders, filed a petition Aug. 14 to the U.S. Supreme Court to review Ally Financial vs. Alberta Haskins, et al., a conflict that began when Missouri residents Alberta Haskins and David Duncan defaulted on an auto loan with Ally for a used 2006 Chevrolet Colorado.

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