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Saturday, apr 27
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Saturday, apr 27
Tag:
Automotive News
News
Retired NY Giant Stars In Auto Business Together Sued Over Missing Vehicles, Sketchy Sales
A national car dealership group that includes former New York Giants linebackers Jessie Armstead and Antonio Pearce is a "house of cards" that sold more than $10.5 million worth of vehicle without paying the financers and can't account for nearly 100 others, a lawsuit filed by Hyundai and Nissan charges. Armstead, Pearce and retail veteran Michael Saporito own several dealerships in New Jersey, Michigan and Pennsylvania, including Englewood Cliffs Cadillac on Sylvan Avenue. The lawsuit calls the group insolvent and accuses it of defaulting on loan agreements, Automotive News repor…
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