Warburg Pincus-Owned Lender Fleeced Borrowers, States Say

By Al Barbarino ( August 16, 2022, 8:56 PM EDT) -- Five U.S. states and the District of Columbia sued a Warburg Pincus-backed lender Tuesday on claims that the firm charged consumers for hidden add-on policies that they didn't agree to buy, adding that the private equity giant's "high-growth demands" led to the alleged predatory tactics. ...

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