CCC Information Services Sued for Nonpayment of Commissions
28 November 2000
CCC Information Services Sued for Nonpayment of CommissionsMORRISVILLE, Pa., Nov. 27 On November 8, 2000, James J. Serdula of Yardley, Pennsylvania initiated a lawsuit against CCC Auto Body Systems, an affiliate of CCC Development Company of Glendale, California and CCC Information Services, Inc. of Chicago, Illinois. CCC Information Services, whose major stockholder (33%) is Harvard College (President and Fellows of), is listed on the NASDAQ Stock Exchange. In his lawsuit, Serdula, an independent sales representative in Eastern Pennsylvania since November 1991, alleges breach of contract, failure to pay earned commissions, violation of the Illinois Sales Representative Law and other counts. Serdula seeks damages in excess of $300,000. During his tenure with CCC, Serdula was twice awarded CCC's Sales Representative of the Year Award and was producing yearly billing in excess of $2,600,000 when his contract was not renewed March 1, 2000. CCC Auto Body Systems produces software designed to assist the Automobile Collision and Casualty Insurance industry to prepare estimates of damaged vehicles.