Minneapolis may share auction profits with former owners of impounded cars
Former owners of impounded cars auctioned off by the city of Minneapolis will likely be compensated with profits from the sales, the Star Tribune reports. The action stems from a report by the publication nearly a year ago where a car owner revealed he did not receive profits from the sale of his impounded car -- even though state law stated he was entitled to the proceeds.
Former owners of impounded cars auctioned off by the city of Minneapolis will likely be compensated with profits from the sale, the Star Tribune reported.
The publication said the city may be trying to avoid a class action lawsuit after a Star Tribune report nearly a year ago revealed that a car owner did not receive profits from the sale of his impounded car -- even though state law stated he was entitled to the proceeds.
Profits, the Star Tribune said, are the monies above the public cost to tow and store the vehicle.
