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Jul-11-13 Washington, DC The quest against debt collector harassment scored a major victory with a $3.2 million civil penalty levied against a formidable debt collection agency by the Federal Trade Commission (FTC). According to The Washington Post (7/10/13), it’s the largest penalty ever obtained from a debt collector. The case is the latest salvo in... - Pre-Settlement Funding Becoming More Commonplace, but Do Your Homework
Jul-8-13 New York, NY Anyone wary of this latest phenomenon known as pre-settlement funding need only remember back to the genesis of other financial products and strategies commonplace and accepted today. Lease a car lately? There was a time when only corporations and businesses requiring entire fleets of vehicles had access to a car lease. Now, any consume... - Settlement Approved in Google Slide Text Message Class Action Lawsuit
Los Angeles, CA: Final approval of a settlement in the spam text messaging class action pending against Google subsidiary Slide Inc, has been granted. The lawsuit alleges Google' Slide violated the Telephone Consumer Protection Act (TCPA) by sending text messages to consumers regarding the "Disco"messaging service without receiving prior express co... - $20,000 a Month? Thanks, Forced-Placed Insurance…
Jun-30-13 Dade County, FL Imagine the pain, and the impossibility of a monthly cost to stay in your home, of $20,000. Per month . Such was the financial bleed reportedly felt by one plaintiff in the now-infamous Wells Fargo Force-placed insurance lawsuit , after forced-placed insurance fees drove monthly costs into the stratosphere. In reality, forced-placed i... - Fen-Phen’s Deadly Side Effects a Decade Later
Jun-30-13 Philadelphia, PA Imagine taking a medication and finding out later that it could cause serious health problems, and even death, years and years after you have originally taken it. That is what patients who took fen-phen for weight loss are dealing with. They know they could be at risk for primary pulmonary hypertension and valve problems, and they know... - Fosamax On Again, Off Again
Jun-30-13 Tampa, FL Phyllis had been on and off fosamax for several years and during that time suffered a Fosamax fracture. Even though fosamax lawsuits are now underway, it would appear that her doctor (and likely many others) believed the jury was still out on Fosamax side effects. Phyllis, age 62, was prescribed Fosamax for osteoporosis and she took th... - Internet Payday Loan Companies Under Fire for Unethical Practices
Jun-30-13 Charleston, WV Five debt collection companies have reportedly settled a lawsuit filed by the West Virginia Attorney General that alleged the companies were attempting to collect on illegal Internet payday loans . Because they are available over the Internet, online payday loans are sometimes made available to consumers in states where the loans are ille... - DOMA Ruling Affects ERISA
Jun-29-13 Washington, DC A recent ruling by the US Supreme Court regarding the Defense of Marriage Act (DOMA) will have some effect on employees who are covered by ERISA laws . The ruling, which saw the Supreme Court strike down DOMA as unconstitutional, means people in same-sex marriages who live in states where same-sex marriage is legal will be eligible for fe... - When Bill Collection Is a Scam
Jun-29-13 Houston, TX It is bad enough when consumers fall victim to illegal debt collection practices, but when those practices are also a scam, the situation is that much worse. Debt collection companies and scammers might use illegal tactics to scare people into giving them money, even if those people do not owe a dime of debt. The good news for consumers is... - Lawsuit Funding Is Not Too Good to Be True
Jun-26-13 Are you waiting for your case to settle? Do you need cash now? More often than not, plaintiffs face financial implications during the litigation process because they are faced with unexpected medical expenses or other bills, and may also be unable to work as a result of injuries incurred. When this happens, savings may dwindle fast. Finally, there is a solut... - LiveDeal Settles Consumer Fraud Class Action Lawsuit
Las Vegas, NV: LiveDeal, Inc, has finalized a settlement in the consumer fraud class action lawsuit Global Education Services, Inc. v. LiveDeal, Inc., et al. Final approval of the settlement occurred on May 27, 2013, marking the formal end of the litigation. Dismissal of the lawsuit is pending. Global Education Services, Inc., the lead plain... - Groupon Canada Reaches Tentative Settlement
Toronto, ON: A potential consumer fraud class action lawsuit pending against Groupon over expired deal purchases has reached a proposed settlement. The lawsuit, filed in Canada, alleges that Groupon' use of, and representations to, consumers about the expiry date and partial redemption provisions in its contracts are illegal practices. The settlem... - Jackson National Life Insurance Agrees $24M Settlement In Elder Financial Fraud Class Action
San Francisco, CA: A $25 million settlement has been proposed, which, if approved, would settle the proposed consumer fraud and elder financial abuse class action pending against Jackson National Life Insurance Co. The insurer has agreed to pay the settlement which would end the litigation and bring economic relief to over 44,000 elderly customers in C... - $54.5M Settlement Proposed for Some Transvaginal Mesh Lawsuits
New York, NY: A $54.5 million settlement has been reached, potentially ending several transvaginal mesh lawsuits which allege the implants eroded in the plaintiffs, leaving them incontinent and suffering from chronic pain. Endo Health Solutions Inc, which acquired American Medical Systems Inc., (AMS), the maker of the vaginal-mesh devices, which inc... - Kentucky Employment Lawsuit
Kentucky employees who find themselves being treated unfairly may be eligible to file a Kentucky employment lawsuit against their employers. Among issues that may be the focus of a Kentucky employee lawsuit are failure to pay minimum wage or overtime, discrimination or wrongful termination. Kentucky Wage and Hour Laws Kentucky min... - Citigroup Settles Securities Lawsuit
Jun-22-13 New York, NY In the latest news involving a mortgage-backed securities lawsuit , Citigroup will settle allegations of securities fraud for an undisclosed amount. Citigroup faced securities fraud litigation filed by the US Federal Housing Finance Agency (FHFA), which alleged the financial firm made misleading statements about its mortgage-backed securiti... - GSK to Pay $185M in Flonase Antitrust Class Action Settlements
New York, NY: Two settlements have been approved in the antitrust class action lawsuits pending against GlaxoSmithKline PLC, (GSK). The lawsuits allege that GSK deliberately prevented generic versions of Flonase nasal spray from going to market. The settlements total $185 million, with $150 million designated for reimbursement to people and entit... - Vatterott College to Pay $13M Settlement in Student Fraud Lawsuit
Kansas City, MO: A $13 million settlement has been awarded by a jury hearing a consumer fraud lawsuit against Vatterott College. Jennifer Kerr, a 42-year old single mother, sued the college alleging its enrollment procedures caused her to spend thousands of dollars and extra time earning a certificate that proved to be useless in the job market. S... - Clothing Chain Wet Seal Settles Discrimination Class Action Lawsuit
Los Angeles, CA: Wet Seal has agreed to settle a national discrimination class action lawsuit filed by four current and former Wet Seal employees on behalf of themselves and a class of those similarly situated. The lawsuit alleges Wet Seal discriminated against African-American store management employees. Specifically, the Plaintiffs claim that... - Pre-Settlement Funding Helps Plaintiffs with Financial Stress
Jun-18-13 Seattle, WA Often when people think of filing a lawsuit, they anticipate the money they could win at the end of their trial, but do not consider that costs can add up while they wait for their lawsuit to conclude. Some plaintiffs are turning to pre-settlement funding to help when finances are stretched before they receive their award or settlement. Pre...