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TMCNet:  INVESTOR ALERT: Investigation of Santander Consumer USA Holdings Inc. Announced by Glancy Binkow & Goldberg LLP

[August 14, 2014]

INVESTOR ALERT: Investigation of Santander Consumer USA Holdings Inc. Announced by Glancy Binkow & Goldberg LLP

LOS ANGELES --(Business Wire)--

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Santander Consumer USA Holdings Inc. ("Santander Consumer" or the "Company") (NYSE:SC) concerning possible violations of federal securities laws. The investigation focuses on Santander Consumer's business, operations and financial performance.

Please contact Casey Sadler at (888) 773-9224 or (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

Santander Conumer is a specialized consumer finance company, majority-owned by a subsidiary of Banco Santander, S.A., and provides vehicle finance and unsecured consumer lending products in the United States. During 2013, used-car financing represented 72% of Santander Consumer's outstanding retail installment contracts, 88% of which were nonprime auto loans. The investigation is related to Santander Consumer's August 7, 2014, disclosure that the Company received a civil subpoena from the U.S. Department of Justice under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA). According to the Company, the subpoena requests "production of documents and communications that, among other things, relate to the underwriting and securitization of nonprime auto loans since 2007."


If you purchased Santander Consumer shares, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Casey Sadler, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by toll-free telephone at (888) 773-9224 or by telephone at (310) 201-9150, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


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