Regulatory Alerts2026-04-21
Added · Updated
Final Order — Motor Vehicle Retail Installment
The Florida Office of Financial Regulation issued a Final Order against Galaxy Motors, Inc. and Joey Segura Sr. for violating Chapter 520, Florida Statutes, after they failed to respond to an administrative complaint within the required 21-day period. The respondents are sanctioned for conducting unlicensed motor vehicle retail installment sales, ignoring a prior cease and desist order, and refusing to comply with a regulatory subpoena. Consequently, the Office imposed a $25,750 administrative fine and ordered the respondents to cease and desist from further violations of the statute.