Georgia Cash America Class Action Settlement

Georgia Cash America Inc. has agreed to a $36 million class action lawsuit settlement over consumer allegations that the company made improper Payday Loans and charged interest and fees on these loans at amounts higher than what the law allows.

Cash America does not admit any wrongdoing in agreeing to the class action settlement, but will provide to Class Members three times the actual damages they incurred as part of the settlement agreement. Actual damages include all the interest and fees that were repaid on the Payday Loan(s), subject to a reduction if the total number of valid claims filed exceeds the Maximum Settlement Fund amount.

The class action settlement also provides $25,000 each to Class Members James Greene and Mennie Johnson for their role and services as class representatives.

The only way to receive money from the Cash America class action settlement is to submit a valid Claim Form postmarked no later than Jan. 14, 2014. Detailed claim filing instructions are below.

The Final Fairness Hearing will be held on Jan. 16, 2014, where it will be decided whether to approve the settlement. In the event of approval, Class Members should receive settlement relief within approximately 60 days.

The Georgia Cash America Class Action Lawsuit is Greene, et al. v. Georgia Cash America, Inc., et al., Case No. 2004A7104-6.

Who’s Eligible

A Class Member is defined as all persons in Georgia who obtained a Cash America Payday Loan of $3,000 or less that was originated, marketed or serviced by, through or on behalf of Georgia Cash America from Oct. 9, 2001 with the following subclasses:

• All persons whose Payday Loans were originated, marketed or serviced by, through or on behalf of Defendants from the period of Oct. 9, 2001 through May 14, 2004;
• All persons whose Payday Loans were originated, marketed or serviced by, through or on behalf of Defendants on and after May 15, 2004; and
• Any other group(s) of persons the Court may deem necessary to define or distinguish.

Potential Award

varies

Claim Form

Cash America Payday Settlement
c/o GCG
P.O. Box 35080
Seattle, WA 98124 – 3508

Claim Form Deadline

1/14/14

Case Name

Greene, et al. v. Georgia Cash America, Inc., et al., Case No. 2004A7104-6.

Final Hearing

1/16/14

Settlement Website

www.GeorgiaCashAmericaSettlement.com

Claims Administrator

Garden City Group
P.O. Box 35080
Seattle, WA 98124-3508
1-855-227-6375

Class Counsel

Roy Barnes
John R. Bevis
J. Cameron Tribble
THE BARNES LAW GROUP, LLC

Defense Counsel

William K. Whitner, Esq.
Andrea J. Pearson, Esq.
PAUL HASTINGS LLP