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A federal judge has determined banks can be sued for the debt collection calls initiated on their behalf by a third party. But the banks can only be held vicariously liable, not directly liable, the judge said.
Final OK sought for $12.5M deal to end 6-yr class action vs cruise lines over robocalls; attorneys ask $3.1M
After sorting through a blizzard of more than 2 million claims, including many that “were likely fraudulent,” lawyers on both sides of a massive class action over vacation marketing robocalls have asked a judge to sign off on a $12.5 million deal to end the six-year-old litigation, under which about 275,000 approved claimants could get a share of $6 million, and plaintiffs’ lawyers could get more than $3.1 million.
Saying lawyers for the plaintiffs need to “drastically” reduce their $5.8 million fee request to make it "conceivable" to win his approval, a federal judge has rejected a $17.5 million settlement intended to end a class action lawsuit against debt collector Ocwen Loan Servicing over claims the company violated federal law when it called millions of debtors.