$1.3B award upheld against racecar driver over payday loans

SAN FRANCISCO (AP) — A U.S. appeals court has upheld a nearly $1.3 billion award against a pro racecar driver convicted of deceiving consumers with his payday loan business.
A unanimous three-judge panel of the 9th U.S. Circuit Court of Appeals ruled Monday that information Scott Tucker’s companies provided consumers did not accurately disclose the loans’ terms.
The appeals panel also said a lower court did not abuse its authority when it ordered Tucker and other defendants to