Final Order — Sales Finance Company

Index: OFR 2026 - 290
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
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1/ DOCK.ET~EO \ 6/3/2026
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WORLD OMNI FINANCIAL CORP D/B/A
SOUTHEAST TOYOTA FINANCE,
Case N um her: 130205
Respondent.
FINAL ORDER
This cause came on for consideration and fina] agency action. Upon review of the record and being otherwise fully advised in the premises, the Office of Financial Regulation ("Office") hereby finds:

1. The Office has jurisdiction over the subject matter of this case and the parties
   hereto.
2. The entry of this Final Order concludes the above-referenced matter.
   ORDERED:
   A. The Stipulation and Consent Agreement (Exhibit A) is hereby approved and incorporated by reference as if fully stated herein and is adopted as the Office's Findings of Fact and Conclusions of Law. B. The parties sha11 comply with all terms of the Stipulation and Consent Agreement. DONE and ORDERED this 3,rA day of June, 2026, in Tallahassee, Leon County, Florida. Commissioner

CERTIFICATE OF SERVICE
I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been furnished to WORLD OMNI FINANCIAL CORP d/b/a SOUTHEAST TOYOTA FINANCE, by electronic mail to its Attorney of Record, Noam Silve~d Esq. at Noam.Silverman@setf.com and Faith Morreale at Faith.Morreale@setf.com on this .5:' _ CA. _ day of June, 2026. 2 egulation a ahassee ~ 4-8050 Email: Agency.Clerk@flofr.gov Tel: (850) 410-9889

EXHIBIT A
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
WORLD OMNI FINANCIAL CORP Case Number: 130205
D/B/A SOUTHEAST TOYOTA FINANCE,
Respondent.
STIPULATION AND CONSENT AGREEMENT
The State of Florida, Office of Financial Regulation ("Office"), and WORLD OMNI FINANCIAL CORP d/b/a SOUTHEAST TOYOTA FINANCE ("Respondent") in consideration of the mutual promises herein, recite, stipulate, and agree as follows:

1. Back round. World Omni Financial Corp d/b/a Southeast Toyota Finance ("World
   Omni Financial") is currently licensed as a sale finance company under chapter 520, Florida Statutes, having been issued license number SF0900212. World Omni Financial is wholly owned by JM Family Automotive LLC. Casey L. Gunnell, Jr. is World Omni Financial' s President and Director. The Office conducted an examination (No. 127525) to ascertain Respondent's compliance with chapter 520, Florida Statutes. Based on the examination, the Office issued an Administrative Complaint on December 9th, 2025. Respondent submitted a timely response to the Administrative Complaint. The parties are resolving the issues herein with this Stipulation and Consent Agreement in lieu of the Office conducting further proceedings on this matter.

2. Jurisdiction. The Office is the state agency charged with the administration and
   enforcement of chapter 520, Florida Statutes, and the corresponding rules. The Office has jurisdiction to bring this administrative action against Respondent pursuant to chapter 520, Florida Statutes.

3. Findings. For the pwposes of this Stipulation and Consent Agreement,
   Respondent neither admits nor denies, but consents to the Office's finding that Respondent:
   a. Respondent failed to report changes to its officers within 30 days, in violation of
   section 520.999(2), Florida Statutes; and
   b. Respondent failed to amend its application to reflect a change in its Registered Agent, in violation of section 520.999(1), Florida Statutes.

4. Terms and Conditions. The parties agree that the issues raised can be
   expeditiously resolved without further litigation by the execution of this Stipulation and Consent Agreement. The parties acknowledge that they have read this Stipulation and Consent Agreement and fully understand the rights, obligations, terms, duties, and responsibilities with respect to its contents. Therefore, in compromise and settlement of the foregoing findings and in consideration of the Office's forbearance from further litigation, Respondent agrees to the following terms and conditions:
   a. FUTURE COMPLIANCE. Respondent agrees that they will comply with all the provisions of chapter 520, Florida Statutes, and the corresponding rules. b. ADMINISTRATIVE FINE. Respondent agrees to pay the Office an administrative fine in the amount of Four Thousand Five Hundred Dollars ($4,500.00), to be paid at the time of the execution and delivery of this Stipulation and Consent Agreement. This administrative fine shall be submitted in the form of a wire, cashier's check, or money order made payable to "Office of Financial Regulation,, and shall be sent to the attention of Agency Clerk - c/o Attorney Maria A. Guitian, Post Office Box 8050, Tallahassee, Florida 32314-8050. Respondent acknowledges and agrees that in accordance with section 215 .31, Florida Statutes, regarding the deposit of monies, (i) the tendered fine or settlement check may 2

be deposited in advance of full execution or acceptance of the Stipulation and Consent Agreement; and (ii) such deposit shall not be construed as a final acceptance of the Stipulation and Consent Agreement absent full execution thereof and entry of a Final Order adopting same.
5. Final Order. Respondent consents to the entry of a Final Order, which incorporates
the terms of this Stipulation and Consent Agreement. Respondent understands and agrees that this Stipulation and Consent Agreement is subject to the final approval of the Office of Financial Regulation and the entry of the Final Order adopting such Agreement. In the event that the Final Order is not entered, this Stipulation and Consent Agreement shall be null and void. The Final Order incorporating this Stipulation and Consent Agreement constitutes final action by the Office for which the Office may seek enforcement pursuant to the provisions of chapters 120 and 520, Florida Statutes.
6. Waiver. By Respondent's consent to the entry of a Final Order with respect to this
proceeding, Respondent waives:
a. Any right to separately stated Findings of Fact and Conclusions of Law; b. Any right to receipt of a Notice of Rights pursuant to chapter 120, Florida Statutes;
c. Any right to an administrative hearing or issuance of a Recommended Order
pursuant to chapter 120, Florida Statutes; and d. Any right to contest in any administrative forum or judicial proceeding (including, but not limited to, an appeal pursuant to section 120.68, Florida Statutes) the validity of any term, condition, obligation, or duty expressly created in this Stipulation and Consent Agreement and the Final Order.
7. Releases. Upon full execution of this Stipulation and Consent Agreement,
Respondent waives, releases, and forever discharges the Office and its agents, representatives, and 3

employees from any and a11 causes of action, in law or in equity, which Respondent may have arising out of this matter. The Office accepts this release and waiver by Respondent on behalf of itself, its agents, representatives, and employees without acknowledging, and expressly denying, that any such right or cause of action may exist.
8. Failure to Complv. Respondent acknowledges, concurs, and stipulates that
Respondent's failure to comply with any of the terms, obligations, and conditions of this Stipulation and Consent Agreement, and the Final Order adopting it, is a violation of the written agreement and the Final Order entered pursuant to chapters 120 and 520, Florida Statutes. Such non-compliance may result in the issuance of an emergency cease and desist order. However, nothing herein shall be construed to limit Respondent's right to contest any finding or determination of non-compliance.
9. Attornev Fees. Each party herein shall be solely responsible for its separate costs
and attorney fees incurred in the prosecution, defense, or negotiations in this matter up to and including the entry of the Final Order adopting this Stipulation and Consent Agreement.
10. Severabilitv. The parties agree that if any provision of this Stipulation and Consent
Agreement or the application thereof to any person or circumstance is held invalid, the Stipulation and Consent Agreement will be given effect without the invalid provision, and to this end, the provisions of this Stipulation and Consent Agreement are declared severable.
11. Counterparts. This Stipulation and Consent Agreement may be executed in any
number of counterparts, and by the parties in separate counterparts, each of which will be deemed to be an original but all of which together will constitute but one Stipulation and Consent Agreement. Copies of this Stipulation and Consent Agreement transmitted by facsimile or electronic mail shall have the same validity as if bearing an original signature. 4

12. Entire Agreement. This Stipulation and Consent Agreement represents the entire
    agreement by and between Respondent and the Office. Any alterations, variations, changes, modifications, or waivers of the provisions hereof shall be valid only when they have been reduced to writing, duly signed by the Office and Respondent hereto, attached to the original of this Stipulation and Consent Agreement, and subject to the approval of the Office. WHEREFORE, in consideration of the foregoing, the Office and Respondent execute this Stipulation and Consent Agreement for entry of a Final Order on the last date executed below. [this section left intentionally blank with signatures appearing in the subsequent page] 5

~ r::CIAL CORP dlb/a SOUTHEAST TOYOTA ni;~CE:
~ -~ - ---='------~Id-~--- -- - Date: f!Zau J / o>O ~ (Signature) / Name: Casey L. Gunnell, Jr. Stateof f=- ' County of_.....-........., ......... -....-....ii-- Title: President and Director of World Omni Financial Corp d/b/a Southeast Toyota Finance Casey L. Gunnell, Jr., as President and Director of World Omni Financial Corp d/b/a Southeast Toyota Finance, BEFORE ME by means of ] physical presence or [ ] online notarization, has sworn (or affirmed) that he has read and understands the foregoing agreement and voluntarily signed the same. SWORN TO AND SUBSCRIBED before ~e this2 l day of May, 2026. Check the appropriate box:
Personally known [3
OR Produced Identification D
Type of identification produced D Driver's License D Passport D Other _ _____ _ (Do not include ID number) OFFICE OF FINANCIAL REGULATION Date: 6/1/2026 FAITH~ Comnisslon I HH 741508 Expires March 17, 2030 ----------- Division of Consumer Finance 6