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UPDATE (2/26/13): Top Class Actions has just been notified that settlement checks from the Sallie Mae TCPA Class Action lawsuit Settlement have been sent! One Top Class Actions reader reports he received a check for $118 — well above the estimated payout. Congratulations to all successful claimants!
A federal judge has granted Final Approval of the amended Sallie Mae class action lawsuit settlement we reported on in April. Class Members who filed claims for the Sallie Mae settlement can expect to receive their checks in the mail shortly.
Sallie Mae agreed to pay $24.15 million to student loan borrowers as part of a class action lawsuit settlement to resolve allegations it violated the Telephone Consumer Protection Act (TCPA) by making a number of non-emergency autodialed calls and/or text messages to the borrowers’ cell phones in an attempt to collect outstanding debt.
Under the terms of the Sallie Mae TCPA settlement, Sallie Mae agreed to pay settlement Class Members between $20 and $40 or reduce their principal balance if they received one of these automated calls between October 27, 2005 and September 14, 2010 and submitted a timely Claim Form by August 31, 2012.
More information about the Sallie Mae TCPA Class Action Lawsuit Settlement can be found at www.ArthurTCPASettlement.com.
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52 thoughts onSallie Mae TCPA Class Action Settlement Approved
I also recieved my check. The amount of $118.30, however my bank had to put a 11 day hold on the check because it was from an out of state bank. Oh well, as long as it cashes.
I received a check today.
I got my check yesterday in the amount of $118.30 total surprise I had forgotten about it.
Too bad I am just now hearing about this suit. A few of these collection agencies have been bombarding my voice mail & cell phone for years.
i got my check to.
Received a check today for 118.00 dollars
they call my phone everyday for someone that I don’t even know. Every day I am spammed by their robotic and also representatives asking for someone who had this number before me. For 3 months straight, to no avail, they harrass me for no reason whatsoever.
Hi, they still call me everyday, several times a day. SO annoying, when will they stop, I told them to stop but they do not care.
Are borrowers still able to file a claim? I see claims were due August 31, 2012, but I never received notice of this lawsuit. I continue to receive robocalls on my cell phone each day, including Saturday and Sunday, sometimes before 6:00 AM.
why bother posting this today