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Levine Leichtman Capital sells more than 300,000 shares of Consumer Portfolio Services
By Lisa Kerner
Charlotte, N.C., March 1 - Consumer Portfolio Services Inc. investor Levine Leichtman Capital Partners II, LP sold in the ordinary course of its business 305,697 shares of the company's common stock between Feb. 23 and Feb. 27 at between $6.80 and $7.26 per share.
The partnership beneficially owns 3,681,861, or 17%, of the Irvine, Calif.-based consumer finance company.
Consumer Portfolio shares (Nasdaq: CPSS) closed at $6.85 on Feb. 28.
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