Donnelly v. EquityExperts.org, LLC, 2015 WL 249522 (E.D. Mich. Jan. 14, 2015)
The parties have reached a settlement of this action in the United States District Court for the Eastern District of Michigan. The settlement provides for the payment to each participating Class member of $50, plus a pro rata share of the settlement fund based on the amount of money each participating Class member paid to EquityExperts.Org, LLC (“Defendant”) in fees and costs. The settlement will result in payments from between $50 to over $3,200 for Class members.
Lead Plaintiff Thomas Donnelly alleged that Defendant violated the Fair Debt Collection Practices Act, 15 U.S.C. § 1692, et seq., by sending improper debt collection letters and by charging Michigan consumers for its debt collection efforts.
The Class includes all persons in Michigan to whom EquityExperts sent an initial debt collection letter between January 4, 2012 through January 3, 2013. Excluded from the Class are: (a) persons who submit valid and timely requests for exclusion from the Class; and (b) Defendant, the officers and directors of Defendant, members of their immediate families and their legal representatives, heirs, successors or assigns and any entity in which Defendant has or had a controlling interest.
The settlement was preliminarily approved by the Court on September 26, 2014, and final approval was granted on January 14, 2015.
If you have any questions about the settlement or the litigation, please contact Michael L. Greenwald at (561) 826-5477.