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Compliance
Back by Popular Demand, Compli and Fisher Phillips Team Up to Talk Termination During Second Webinar

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Portland, OR — June 12, 2018 — Compli, the automotive leader in HR and Compliance solutions, has announced their first employee termination webinar with Fisher Phillips was such a success, they will be bringing it back on July 31, 2018 at 11 a.m. Pacific, 2 p.m. Eastern. With the first event almost topping 3,000 registrants, Fisher Phillips’ Regional Managing Partner, Steve Roppolo, and Kynzie Sims, JD, CCEP of Compli, are back again to explore and review best practices for a termination program including before there is an issue when considering a termination, during the termination meeting, and after the termination meeting. “Unfortunately, terminating an employee is something every business has to deal with at some point in time,” said Sims. “The best way to protect yourself from a wrongful termination claim is to be prepared and ensure you follow all procedures to avoid costly fines. We’ll take you through the ins and outs of a termination meeting and give you best practices before, during and after the termination to mitigate your risk.” To reserve your webinar seat, click here. For those not able to attend the webinar, signing up will enable you to receive the recording via email. For additional termination resources from Compli, please click here. About Compli Compli provides a cloud-based solution that manages compliance activities across your workforce. Consolidate all of your compliance initiatives across your organization into one easy-to-use system for your employees and your managers. Deliver defensible proof of compliance to your auditors and executives to keep cool, calm, and compliant. For more information on Compli, please visit www.compli.com . Media Contact Laurie Halter, Charisma! Communications, 503-816-2474, Laurie@charismacommunications.com
Dealers Must Heed Dodd-Frank Act Component Requiring Changes to Adverse Action, Risk-Based Pricing Notices to Ensure Compliance

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CRYSTAL LAKE, IL, July 11, 2011 – Dodd-Frank Act rule changes effective July 21 will require that additional information must be provided to both risk-based pricing and adverse action notices dealerships must often provide to consumers.  Terry Dortch, president of Automotive Compliance Consultants , says this new legislation will require that these documents must also now include:  a numerical credit score used in making the credit decision the range of possible scores under the model used up to four factors (up to five if the number of inquiries made is a factor) that adversely affected the credit score of the consumer in the model used the date on which the credit score was created; and, the name of the person or entity that provided the credit score and contact information.  It is vital dealers understand these two important documents and when they are to be used. They are: Adverse Action Letters:   Must be sent to anyone who applies for credit and is denied. Or, when the terms are different from that requested. In most situations, the bank with which the dealership has pursued financing for the customer will produce and distribute this notice. However, in situations where the dealer makes the credit decision or denies credit without shopping the application to a bank or finance company, the dealer is required to take the action.  Risk-Based Pricing Notices: Dealers are required to provide a Risk-based pricing notice to customers who receive credit on material terms that are less favorable than terms offered to a substantial portion of their customers. In the alternative, an Exception Notice must be delivered to all customers that request credit from the dealership prior to the agreement being entered into.  To help auto dealers more easily create and dispatch required notices to consumers who purse credit through them, Automotive Compliance Consultants Inc. offers an automated process to issue adverse action and risk-based pricing notices as part of its management solutions.  Automotive Compliance Consultants specializes in dealership compliance, providing in-dealership consultations and analysis, compliance audits, training and offers solutions for all compliance needs. The Automotive Compliance Consultants staff has extensive experience in the retail automotive industry and focuses exclusively on dealership compliance issues. For more information, contact Terry Dortch at terry_dortch@compliantnow.com or visit www.compliantnow.com.