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:
“Macbeth. Canst thou not minister to a mind diseased,
Pluck from the memory a rooted sorrow,
Raze out the written troubles of the brain,
And with some sweet oblivious antidote
Cleanse the stuffed bosom of that perilous stuff
Which weighs upon the heart?
Doctor. Therein the patient
Must minister to himself.”
—William Shakespeare (1564–1616)
“Reduce big troubles to small ones, and small ones to nothing.”
—Chinese proverb.
“Our troubles keep us going.”
—Mason Cooley (b. 1927)