CACC ALERT: Credit Acceptance Investigated for Securities Fraud by Block & Leviton; Investors with Losses Should Contact the Firm

BOSTON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Credit Acceptance Corp. (Nasdaq: CACC) for potential securities law violations. Investors who have lost money in their Credit Acceptance investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cacc.

What is this all about?

Block & Leviton is investigating whether Credit Acceptance and certain of its executives misled investors about how its auto loans were performing compared with the company's own collection forecasts. On its second-quarter 2026 earnings call, executives reportedly said they had 'no concerns' with the forecast and that loan performance was 'very consistent with our initial expectations.' About eight weeks later, on October 29, 2026, the company reported a third-quarter net loss of $56.6 million, compared with net income of $108.2 million a year earlier. The loss was driven by a $291 million cut to expected cash flows on loans made from 2022 through 2026. Management attributed the cut to a new forecasting method and acknowledged 'small but consistent' underperformance among its lowest-rated borrowers, and the stock fell roughly 16% after the announcement.

Who is eligible?

Anyone who purchased Credit Acceptance common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Credit Acceptance, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at whistleblowers@blockleviton.com or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: shareholders@blockleviton.com