IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit against Santander Consumer USA Holdings Inc. and Reminds Investors with Losses to Contact the Firm

LOS ANGELES--()--Lundin Law PC announces a class action lawsuit has been filed against Santander Consumer USA Holdings Inc. (“Santander” or the “Company”) (NYSE: SC) concerning possible violations of federal securities laws between February 3, 2014 and March 15, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the May 17, 2016, lead plaintiff motion deadline.

For more information or to participate, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.

According to the complaint, the Company allegedly issued misleading statements and/or failed to disclose that: (1) the Company utilized an improper methodology for assessing credit loss allowance on individually acquired retail installment contracts. When the truth was revealed to the investing public, shares dropped causing investors harm.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

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

Contacts

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlaw.com

Contacts

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlaw.com