Renters Settle Class Action Over Outdated Credit Reports

Law360, New York (October 25, 2012, 2:34 PM EDT) -- A housing consumer credit service agreed Wednesday to pay more than $1 million to settle a nationwide class action brought in New York by jilted renters claiming it violated the Fair Credit Reporting Act by reporting outdated court judgments to landlords.

On-Site Manager Inc. and lead plaintiff Dawn Massey submitted a class action settlement agreement Wednesday detailing a deal in which On-Site Manager Inc. would establish a nearly $1.1 million fund that would distribute $150 to each of the 7,261 class members who say the company...
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