Judge Orders Arbitration In ACS Loan Inflation Suit

Law360, New York (August 31, 2012, 7:51 PM EDT) -- A federal judge on Thursday granted student loan servicer Affiliated Computer Services Inc.’s request to force arbitration with a borrower who filed a proposed class action alleging the company inflated his debt, after the U.S. Supreme Court reversed his decision to deny arbitration.

U.S. District Judge Thomas P. Griesa said plaintiff Joshua Fensterstock’s lawsuit claiming ACS applied an undocumented fee to his account doesn't qualify as an exemption to the Federal Arbitration Act, which the high court ruled in AT&T Mobility LLC v. Concepcion preempts state...
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Case Information

Case Title

Fensterstock v. Education Finance Partners


Case Number

1:08-cv-03622

Court

New York Southern

Nature of Suit

Fraud or Truth-In-Lending

Judge

Thomas P. Griesa

Date Filed

April 15, 2008

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