Troubles
Moran pled guilty to tax evasion in 1984. He insisted that he had been given bad advice and it was not intentional. He was fined $35,000, put on probation, and created a training facility for disadvantaged youth (see Philanthropy, below).
A number of Toyota dealers filed suit against JMFE alleging that they were coerced into doing business with other JMFE companies in order to receive the most desirable Toyota models. Eventually, all the lawsuits were dropped after a settlement was reached.
In the late 1980s, SET was accused of denying dealership franchises to blacks who met the distributor's requirements. In 1992, a congressional hearing was held to investigate possible discrimination. In response, JMFE began the yearly African-American Achievers Awards.
Read more about this topic: Jim Moran (automotive)
Famous quotes containing the word troubles:
“Now when Job’s three friends heard of all these troubles that had come upon him, each of them set out from his home—Eliphaz the Temanite, Bildad the Shuhite, and Zophar the Naamathite. They met together to go and console and comfort him.”
—Bible: Hebrew, Job 2:11.
“Most magazines have that look of being predestined to be left which one sees on the faces of the women whose troubles bring them to the Law Courts.”
—Rebecca West (1892–1983)
“Pleasant it is, when over a great sea the winds trouble the waters, to gaze from shore upon another’s great tribulation; not because any man’s troubles are a delectable joy, but because to perceive you are free of them yourself is pleasant.”
—Lucretius (Titus Lucretius Carus)