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This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
A settlement has been reached in the Liberty Tax anticipation loan class action lawsuit, and you may be entitled to compensation.
This Liberty Tax class action settlement will resolve claims that the company’s financial products, which were provided by Republic Bank but facilitated by Liberty Tax between 2009 and 2012, violated several states’ laws as well as federal laws.
Furthermore, the plaintiffs of this Liberty Tax class action lawsuit allege Liberty Tax Inc. failed to properly disclose to consumers their Financial Products fees as finance charges, as well as neglected to inform consumers the APR (or Annual Percentage Rate) of what the plaintiffs of this anticipation loan class action lawsuit claim is a loan.
Liberty Tax denies all wrongdoing and liability in this anticipation loan class action lawsuit, but has decided to settle in order to avoid costly legal fees and the uncertainty of continued litigation.
According to the terms of the Liberty Tax anticipation loan class action settlement, the tax preparation company has agreed to pay $5.3 million to establish a settlement fund and compensate Class Members for the Liberty Tax financial and tax preparation products.
UPDATE: According to a Top Class Actions reader who has been in contact with the Settlement Administrator, checks should arrive in a few months. Email correspondence with the Class Member states: “The Court recently granted Final Approval of the Settlement, and claims administration is progressing as claims are being processed and analyzed. We anticipate having checks distributed during the second quarter of this year.”
UPDATE 2: On June 10, 2016, the Settlement Administrator filed a Claims Synopsis with the court which included the following information: “A toal of 52,522 Claimants submitted Approved Claims. These Approved Claims include a total of 92,924 payable claims based on the total number of Tax Years these Claimants purchased the products at issue. ……each Class Member that submitted an Approved Claim will receive $30.44 per Tax Year the claimant purchased the products at issue.” Top Class Actions will continue to provide updates as we learn more. Keep checking back and let us know when you receive a check in the comments section below or on our Facebook page.
UPDATE 3: On July 29, 2016, the settlement website was updated stating that checks will be issued to approved claimants on August 2, 2016. Let Top Class Actions know when you receive a check in the comments section below or on our Facebook page.
UPDATE 4: On Aug. 4, 016, Top Class Actions readers started receiving checks worth as much as $129.36 from the Liberty Tax anticipated loan class action settlement.
Who’s Eligible
You are a Class Member of the Liberty Tax class action settlement if you used Liberty Tax for tax preparation in California, North Carolina, Wisconsin, Minnesota, Maryland, Illinois, Arkansas, Florida and New York and later received a Refund Anticipation Loan, an Electronic Refund Check, an Electronic Refund Deposit, or another financial product provided by Republic Bank, which were later taken over by Liberty Tax between 2009 and 2012.
Potential Award
$30 – $100 for each year a Liberty Tax Refund Product was purchased.
Proof of Purchase
To receive your portion of the Liberty anticipation loan class action settlement, you will need to submit a completed claim form by Jan. 2, 2016, online or by mail.
Claim Form Deadline
01/02/2016
Case Name
In re: Liberty Refund Anticipation Loan Litigation, Case No. 1:12-cv-02949, in the U.S. District Court for the Northern District of Illinois.
Final Hearing
12/03/2015
Settlement Website
www.LibertyTaxSettlement.com
Claims Administrator
Liberty Tax Settlement
c/o Heffler Claims Group
P.O. Box 750
Philadelphia, PA 19105-0750
(844) 271-4786
Class Counsel
CARNEY BATES & PULLIAM PLLC
GOLOMB & HONICK PC
Defense Counsel
FOLEY & LARDNER LLP
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144 thoughts onLiberty Tax Refund Anticipation Loan Class Action Settlement
I Have not received any check.
I filed a claim and never received a check please respond
I called the number provided on the card on numerous occasions, when I received the card in the mail; however I have not been able to reach anyone.
The settlement paid out almost two years ago. Your best bet might be able to try contacting class counsel with your questions. Counsel is listed in this article and can be Googled for contact information.
I would have been entitled to money but oddly the website don’t work how funny I wonder how many of these so called ppl are real as we just got our cards last March after it was already too late to file a claim I want the names as I’m suing you guys for false claims.
I didn’t receive my refund check
I haven’t received my check?
I didn’t get my check
I did a address change with u guys and still didn’t get my check what’s going on with my money