9th Circ. Asked To Toss $45M Settlement In Credit Data Suits

Law360, Los Angeles (March 4, 2013, 8:37 PM EST) -- A $45 million settlement of three class actions alleging credit reporting services inaccurately listed discharged debts on reports in violation of the Fair Credit Reporting Act should be tossed because named plaintiffs were offered an "unethical and illegal payoff," consumers who object to the deal told the Ninth Circuit on Monday.

An attorney for the objectors, including a group of plaintiffs known as the White plaintiffs, said the settlement agreement provided for a payment of a $5,000 "incentive award" to named plaintiffs who supported the settlement,...
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