Hyundai Capital America has launched foreclosure proceedings against the owners — auto industry veteran Michael Saporito and ex-NFL linebackers Jessie Armstead and Antonio Pierce — of Hyundai and Kia dealerships in Pennsylvania accused of failing to repay vehicle floorplan loans. Hyundai's captive finance unit filed the mortgage foreclosure lawsuit Friday against the trio's All Pro Airport Rd. K/HY 2, which is accused of owing millions of dollars for the construction of Hazleton Hyundai and Hazleton Kia in Hazle Township, Pa.
