Onyx’s Jones Reports Growing Stake in Firm

Onyx Acceptance Corp. director G. Bradford Jones reported an 8.4% stake in the Foothill Ranch company Tuesday in a regulatory filing.

Jones, general partner of Brentwood Associates, controls 433,592 common shares of Onyx after acquiring 33,592 shares from Brentwood and buying 400,000 shares between Nov. 16 and Dec. 11 at prices varying from $3 to $3.50 a share, according to the report filed with the Securities and Exchange Commission.

Onyx shares rose 19 cents to $3.56 in Nasdaq trading. The company provides financing to U.S. auto dealers.