Lender Seeks Sanctions Over 'Shakedown' FCRA Suit

Law360 (November 19, 2020, 8:03 PM EST) -- A Florida woman informed a Tampa federal court Wednesday of a settlement in her Fair Credit Reporting Act suit against lender BlueChip Financial and its CEO, but the judge set a hearing for Friday on the defendants' sanctions motion alleging the suit was "factually and legally frivolous."

Defendants BlueChip and Samuel A. Spratt said in a motion Monday that the complaint, filed on behalf of Brittany Speights by attorneys Brandon D. Morgan and Thomas M. Bonan of Seraph Legal PA, is "only the latest in a series of frivolous shakedown lawsuits" by the Tampa-based law firm. BlueChip and Spratt also said...

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