New Report on Duncan Car Dealership Legal Battle - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

New Report on Duncan Car Dealership Legal Battle

Posted: Updated:

DUNCAN, Okla- A new report recently released details new facts about the investigation into the inner workings of the Mike Terry car dealerships in Duncan.

The dealerships have been involved in a intense legal feud that plagued not only the dealerships, but also its customers and employees.

Sunday new information emerged after Michael Deeba, the receiver of the dealerships during the investigation, presented his first report to a Stephens County District Court.

The report openly discussed problems with customer paybacks, payroll issues, and discrepancies with bank accounts.

Deeba said he had insufficient funds to pay operating expenses, including, but not limited to, payroll and customer trade-in payoffs when he took control of the dealerships.

The report also shined light on the personnel problems, highlighting his reasoning for laying off 40 employees.

He also noted that employee insurance had not been paid, and their claims were being denied when the receivership began.

Deeba said the investigation will continue, with special attention to the dealerships' credit card records.

Deeba also believes Randy Byford will get the final approval from General Motors to take over the dealership this week.

  • Local NewsLocal NewsMore>>

  • Duncan doctor acquitted of assault and battery

    Duncan doctor acquitted of assault and battery

    Saturday, August 30 2014 12:17 AM EDT2014-08-30 04:17:30 GMT
    Duncan,OK_ A Stephens County jury acquitted Dr. Oscar Morales Friday on a charge of assault and battery with a dangerous weapon. The jury deliberated just over six hours before reaching their decision. Throughout his trial, Morales admitted to shooting his ex-wife's boyfriend, Kelly McKinnon, in front of her home in August of last year, moments after he went there to drop off their children. He claimed he shot McKinnon in self-defense when he was confronted and feared for his life. The state...
    Duncan,OK_ A Stephens County jury acquitted Dr. Oscar Morales Friday on a charge of assault and battery with a dangerous weapon. The jury deliberated just over six hours before reaching their decision. Throughout his trial, Morales admitted to shooting his ex-wife's boyfriend, Kelly McKinnon, in front of her home in August of last year, moments after he went there to drop off their children. He claimed he shot McKinnon in self-defense when he was confronted and feared for his life. The state...
  • Wreck snarls traffic on I-44

    Wreck snarls traffic on I-44

    Saturday, August 30 2014 12:15 AM EDT2014-08-30 04:15:30 GMT
    Comanche County, OK_A three-car crash on I-44 Friday afternoon shut down traffic for about 90 minutes. Investigators say one car had stopped on the highway just south of the Elgin exit because of mechanical problems. Another car had slowed to avoid it, but was rear-ended by a third car. That impact knocked it into the broken-down car. No one was hurt.
    Comanche County, OK_A three-car crash on I-44 Friday afternoon shut down traffic for about 90 minutes. Investigators say one car had stopped on the highway just south of the Elgin exit because of mechanical problems. Another car had slowed to avoid it, but was rear-ended by a third car. That impact knocked it into the broken-down car. No one was hurt.
  • Superhero marathon fun for kids, benefits schools

    Superhero marathon fun for kids, benefits schools

    Aug 29, 2014 11:31 PM2014-08-30 04:02:22 GMT
    KSWO is offering cash awards for schools with the highest percentage of participation in the Spirit of Survival Superhero Kids' Marathon on October 5.
    KSWO is offering cash awards for schools with the highest percentage of participation in the Spirit of Survival Superhero Kids' Marathon on October 5.
Powered by WorldNow
KSWO-TV, 1401 SE 60th Street
Lawton, OK 73501

Telephone: (580) 355-7000
Fax: (580) 357-3811
Email: news@kswo.com

All content © Copyright 2000 - 2014 Worldnow and KSWO. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.