RALEIGH, N.C. (Legal Newsline) – The owner of two Charlotte, N.C., car dealerships recently reached a settlement with state Attorney General Roy Cooper and the U.S. Department of Justice after he allegedly overpriced cars and used predatory loans to target African Americans.

Zuhdi Saadeh, who owns Southeastern Auto Corp. and Auto Fare, allegedly violated North Carolina’s Unfair and Deceptive Trade Practices Act.