M3 Financial Robocalls Class Action Settlement

M3 Financial Services has agreed to pay $600,000 to end a class action lawsuit alleging the company violated the Telephone Consumer Protection Act by using auto dialers and a pre-recorded message to contact consumers.

Those who received pre-recorded calls without consent from M3 Financial on their cell phones may be entitled to benefit under this settlement agreement. Calls covered by this settlement were made between May 12, 2011 and May 26, 2016.

The class action lawsuit alleged that M3 Financial violated the TCPA by using an automatic dialing machine as well as a pre-recorded message. The plaintiff also alleged that these calls were unsolicited by those that received them.

The TCPA was enacted by Congress in 1991 to stop unwanted sales calls. Under the law, companies are proscribed from contacting consumers via phone or fax without their permission. Companies that violate the TCPA may face fines up to $1,500 per violation.

M3 Financial does not admit any liability under the terms of the settlement agreement; however the company will pay $600,000 to exit the class action lawsuit. Under the terms of the settlement, payment amounts to Class Members will depend on the number of claims submitted.

Class Members can object to the settlement or exclude themselves from it by submitting a written request no later than April 2, 2018.

Who’s Eligible

Class Members include individuals who received a call on a cellular telephone in the United States by M3 Financial Inc., using an automatic telephone dialing system or by an artificial or prerecorded voice message without their prior express consent from May 12, 2011 through May 26, 2016. There are about 19,385 Class Members.

Potential Award

After paying litigation costs, incentive payments and other fees, the remaining amount left in the $600,000 settlement fund will be divided equally among all Class Members who file a valid and timely claim.

Proof of Purchase

Class Members are required to provide the claim identification number (provided on their postcard notice) or cell phone number that received the call(s).

Claim Form

CLICK HERE TO FILE A CLAIM »

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

3/21/2018

Case Name

Mason v. M3 Financial Services Inc., Case No. 1:15-cv-04194, in the U.S. District Court for the Northern District of Illinois, Eastern Division

Final Hearing

5/10/2018

UPDATE: The M3 Financial Robocalls Class Action Settlement was granted final approval June 29, 2018. Let Top Class Actions know when you receive a check in the comments section below or on our Facebook page.

Settlement Website

www.M3FinancialTCPASettlement.com

Claims Administrator

In re: M3 Financial Claims Administrator
c/o Kurtzman Carson Consultants
P.O. Box 404041
Louisville, KY 40233-4041
844-660-2216
info@M3FinancialTCPASettlement.com

Class Counsel

Ronald A. Marron
Alexis M. Wood
Kas L. Gallucci
THE LAW OFFICES OF RONALD A. MARRON

Jeffrey M. Salas
SALAS WANG LLC

Defense Counsel

Jason M. Kuzinar
WILSON ELSER MOSKOWITZ EDELMAN & DICKER LLP

Join a Free TCPA Class Action Lawsuit Investigation

If you were contacted on your cell phone by a company via an unsolicited text message (text spam) or prerecorded voice message (robocall), you may be eligible for compensation under the Telephone Consumer Protection Act.

GET A FREE CASE EVALUATION NOW