Lawyers and Settlements
Advertisement
Home Page >> Settlements >> Whistleblower Student Loan Suit Settles for $60K

Whistleblower Student Loan Suit Settles for $60K


This is a settlement for the Consumer and Financial Fraud lawsuit.

Washington, DC: A suit resulting from allegations made by a whistleblower from the US Department of Education, has been settled for $60,800. Known as the 9.5 student loan scandal the suit named 10 student loan companies as defendants who participated in a scheme to defraud the plaintiff.

The suit was filed under the False Claims Act after the Department of Education. The whistleblower in the case was expected to receive up to 30% of the $60,800,000 settlement.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Apr-13-11


ADD YOUR COMMENT ON THIS ISSUE

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.