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CARFAX and Primeritus Agree to Resolve Pending Litigation

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NASHVILLE, Tenn., Aug. 27, 2020 /PRNewswire/ -- CARFAX and Primeritus Financial Services, Inc. have amicably resolved their dispute filed in U.S. District Court in Virginia relating to access to data through myCARFAX.  Both feel strongly about their positions and the claims and defenses they have against each other, but decided it was best to resolve this matter at this time.  Both look forward to continuing their long-standing business relationship.

About Primeritus Financial ServicesPrimeritus Financial Services is a national provider of repossession management, remarketing, titled services and skip tracing services to the auto finance industry in the U.S. and Puerto Rico. Primeritus provides clients with value-added, outsourced repossession management, skip tracing and remarketing services, leveraging a national network of certified agents and unique investigative techniques to quickly and reliably secure customers' collateral. Through leadership, service and performance, Primeritus Financial Services offer the trifecta of repossession services: locate, recover and remarket. For more information, please visit www.primeritus.com.

About CARFAX:  CARFAX, part of IHS Markit (NYSE: INFO), helps millions of people every day confidently shop, buy, service and sell used cars with innovative solutions powered by CARFAX vehicle history information. The expert in vehicle history since 1984, CARFAX provides exclusive services like CARFAX Used Car ListingsCARFAX Car CareCARFAX History-Based Value and the flagship CARFAX® Vehicle History Report™ to consumers and the automotive industry. CARFAX owns the world's largest vehicle history database and is nationally recognized as a top workplace by The Washington Post and Glassdoor.com. Shop, Buy, Service, Sell – Show me the CARFAX™. Based in London, IHS Markit is a world leader in critical information, analytics and solutions.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/carfax-and-primeritus-agree-to-resolve-pending-litigation-301119976.html

SOURCE Primeritus Financial Services, Inc.

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IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world's leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.