FirstPlus Financial Group

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FirstPlus Financial Group is a Dallas Texas-based mortgage company traded under the symbol FPFX.  In 1999 First Plus Financial was sued by Elliott-Marrino Motorsports LLC for failing to make $1.7 Million in payments from it's 1997 contract.  They also sued for $200,000 on a separate contract to promote a FirstPlus subsidiary, Vanstar Corp.

The NASCAR racing team that once promoted FirstPlus Financial Group Inc. is now suing the Dallas-based lender for almost $2 million.

Subject ID: 171926

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FirstPlus Financial Group is a Dallas Texas-based mortgage company traded under the symbol FPFX.  In 1999 First Plus Financial was sued by Elliott-Marrino Motorsports LLC for failing to make $1.7 Million in payments from it's 1997 contract.  They also sued for $200,000 on a separate contract to promote a FirstPlus subsidiary, Vanstar Corp.

The NASCAR racing team that once promoted FirstPlus Financial Group Inc. is now suing the Dallas-based lender for almost $2 million.

The lawsuit is the latest in a series of headaches for FirstPlus including the company seeing its common stock removed from the New York Stock Exchange and its home-equity division file for bankruptcy protection.

Subject ID: 171926

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Subject ID: 171926