LAWSUITS NEWS & LEGAL INFORMATION
$24.15M Settlement Reached in Sallie Mae Cell Phone Text Message Class Action Lawsuit
This is a settlement for the Media/Telecom lawsuit.
Seattle, WA: A class action lawsuit settlement has been agreed between student loan borrowers and a subsidiary of SLM Corp. The lawsuit (Mark A. Arthur, et al. v. Sallie Mae Inc., No. 10-0198, W.D. Wash.),
claimed the subsidiary violated the Telephone Consumer Protection Act (TCPA) by making a number of non-emergency autodialed calls and/or automated text messages to the borrowers' cellular telephones in an attempt to collect on outstanding student loan debt.
Settlement terms, which must first receive final approval, include Sallie Mae paying out $24.15 million to the borrowers that received the autodialed calls or automated text messages to their cellular phones by Sallie Mae Inc.
Published on Sep-25-12
Settlement terms, which must first receive final approval, include Sallie Mae paying out $24.15 million to the borrowers that received the autodialed calls or automated text messages to their cellular phones by Sallie Mae Inc.
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