Defendant in LPR Data Lawsuit Makes First Public Statement

“These claims are completely without merit and misrepresent the facts.”

As previously reported on April 13^th, a lawsuit was filed against Collateral Recovery Team (CRT), LLC, Stealth Towing and Recovery Services, LLC, and a former DRN employee, Nasem (Naz) Akel. On Aprill 15^th, Plaintiff and owner of HNS Recovery issued his own statement on the matter. Now, the first of the defendants has issued their own public statement.

On April 17^th, John Moul, President and CEO of CRT, took to the Facebook page RepoHQ and issued the following statement:

Official Statement

Although Collateral Recovery Team has not yet been formally served in this matter, we have reviewed portions of the lawsuit that has been filed. The complaint outlines six allegations against our company, and we categorically and unequivocally deny each and every one of them. 

These claims are completely without merit and misrepresent the facts. Collateral Recovery Team has always operated lawfully, ethically, and with the highest level of professional standards. We will not allow false accusations to damage the reputation we have built.

We have retained legal counsel and are fully prepared to aggressively defend ourselves. We look forward to addressing these baseless allegations in a court of law, where the full truth will come to light and Collateral Recovery Team will be vindicated.

We intend to pursue all appropriate legal remedies available to us and will not be commenting further while this matter proceeds through the legal system.

As of the time of this story, there have been no other known statements by the other two defendants.

Disclaimer:
The claims described in this article are allegations contained in a legal filing and have not been proven in a court of law. All parties named are presumed innocent unless and until proven otherwise. Lenders, forwarders, and other industry participants are strongly encouraged not to base current or future business decisions or relationships solely on these allegations, but instead to conduct their own due diligence and await the outcome of the legal process.

Related:

Agency Owner/Plaintiff in LPR Repo Data Theft Lawsuit Speaks Out

LPR Repo Data Theft Lawsuit Filed in Texas

Defendant in LPR Data Lawsuit Makes First Public Statement – Defendant in LPR Data Lawsuit Makes First Public Statement – Defendant in LPR Data Lawsuit Makes First Public Statement

Defendant in LPR Data Lawsuit Makes First Public Statement – Repossess – Repossession – Repossession Agency – Repossessor – Repossession – LPR – Digital Recognition Network – DRN – Repossession Violence