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Transaction Recovery Fund committee approves $5,066.56 claim payment
Summary
The Transaction Recovery Fund Committee voted to accept a hearing officer recommendation and to pay $5,066.56 to a claimant in Emanuel White v. Car Net Auto, LLC. The Board committees noted the respondent attended and spoke at the committee meeting.
The Transaction Recovery Fund Committee on May 11 voted to accept a hearing officer’s recommendation that the claim by Emanuel White against Car Net Auto, LLC meets the Fund’s requirements and that a payment of $5,066.56 be considered.
Jeremy Coleman of Car Net Auto, LLC attended the committee meeting and had an opportunity to speak. Andrew Wiley moved to accept the hearing officer’s recommendation; Don Sullivan seconded the motion and the committee recorded the motion as carried. The payment will proceed under Fund procedures.
