FTC charges against fuel card provider Corpay held up on federal appeal [Yahoo! Finance]
Corpay, Inc. (CPAY)
Company Research
Source: Yahoo! Finance
several practices in its product offerings that could be viewed as deceptive and misleading. The Eleventh Circuit Tuesday upheld a series of injunctions handed down by the U.S.District Court for the Northern District of Georgia in 2022. That decision came out of a 2019 lawsuit filed by the Federal Trade Commission against Corpay, which is the current name of the company that had been known as FLEETCOR (NYSE: PAY) In August 2022, the district court handed down summary judgement and a permanent injunction against Corpay for several of the practices the FTC had accused it of implementing. “The evidence against Corpay is overwhelming, and the company has not created a genuine dispute of material fact to preclude summary judgment against it,” the 11th Circuit said in a unanimous three-judge decision. The court also upheld summary judgment against CEO Ronald Clarke, who has headed the company since 2000. However, one of the summary judgment counts against Clarke was dismissed by the
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CPAY
News
- Corpay (NYSE:CPAY) had its price target lowered by analysts at Oppenheimer Holdings, Inc. from $380.00 to $369.00. They now have an "outperform" rating on the stock.MarketBeat
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CPAY
Earnings
- 11/5/25 - Beat
CPAY
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 11/14/25 - Form SCHEDULE
- CPAY's page on the SEC website