(COLUMBUS, Ohio) – Ohio Attorney General Mike DeWine and 11 other state attorneys general today announced an agreement with US Fidelis, a vehicle service contract dealer that routinely misled consumers before shutting down and filing for bankruptcy in 2010. The agreement, which has been approved by the bankruptcy court, provides $13 million in consumer restitution as well as injunctive relief. This settlement, along with a prior settlement with the service contract obligor Warrantech, creates a $14.1 million Consumer Restitution Fund.
"This was a complex case. We knew that if it continued to drag on among all the intertwined parties, there would be no money left for consumers. We worked hard to negotiate this settlement, which wraps up the case and provides relief for consumers. It also serves as a warning that businesses cannot hide in bankruptcy court. If they fail to fulfill their obligations to consumers, we will go after them," said Attorney General Mike DeWine.