Zacks Investment Research TCPA Settlement Checks Mailed

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Top Class Actions viewers are starting to receive checks worth $113.39 from a class action settlement involving allegations Zacks Investment Research Inc. and Zacks Investment Management Inc. used an automatic telephone dialing system to contact consumers without their prior express consent, in violation of the Telephone Consumer Protection Act.

If you filed a claim for the Zacks Investment Research TCPA class action settlement, keep an eye on your mailbox because you may soon receive payment!

The Zacks class action lawsuit alleged that defendant Response North LLC initiated telemarketing calls about a book published by Zacks or relating to educational seminars, and that it made these calls without the express consent of the recipient.

The Telephone Consumer Protection Act prohibits the use of automatic dialing systems to contact consumers who have not provided their prior express consent to receive such communications. TCPA violations may result in penalties of $500 to $1,500 per violation.

The Zacks class action lawsuit also claimed that Response North recorded some telephone calls with California consumers without their consent, in violation of the California Invasion of Privacy Act. Violations of this law may result in damages of $5,000 per violation or three times the amount of damages suffered.

The defendants denied the allegations but agreed to pay $5.48 million to settle the Zacks telemarketing class action lawsuit and avoid the burden and expense of ongoing litigation.

Three Classes were certified as part of the unsolicited phone call settlement. The Zacks Class includes anyone who, between May 6, 2012 and June 30, 2017, received a call on their cell phone that was made on behalf of Zacks using an automatic telephone dialing system.

The Response North TCPA Class includes Class Members who received a telephone call on their cell phone from Response North that was placed as part of the Zacks book campaign and/or the options trading campaign.

The Response North Privacy Class includes California residents who received a call that was subject to recording by Response North, and the call was received by the recipient in California.

The deadline to file a claim for the Zacks TCPA class action settlement passed on Feb. 16, 2018. The Zacks class action settlement received final approval on April 9, 2018.

Congratulations to our Top Class Actions readers who submitted a valid claim and got PAID! If you missed out, sign up for our free newsletter to receive updates on new class action lawsuits and settlements. You can also check out which class action settlements are still accepting claims in our Open Class Action Settlements section.

Class Members are represented by James T. Hannick and Zach P. Dostart of Dostart Hannick & Coveney LLP.

The Zacks California Call Recording Class Action Lawsuit is Kerr, et al. v. Zacks Investment Research, et al., Case No. 3:16-cv-01352-GPC (BLM), in the U.S. District Court for the Southern District of California.

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.

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