Payment Processing Co. Inks $9M Deal To End TCPA Suit
Law360, San Francisco (November 2, 2017, 6:13 PM EDT) -- Pivotal Payments Inc. has agreed to pay $9 million to resolve a putative class action alleging the account services and payment processing company violated the Telephone Consumer Protection Act by auto-dialing cellphones without receiving consent, according to court documents filed in California federal court Wednesday.
In an unopposed motion for preliminary settlement approval, attorneys for the proposed class argued the deal is fair and reasonable, considering each of the 1.9 million potential class members who submit a claim will receive a pro rata share of the cash settlement. The parties estimate that each participating class member will receive between $20 and...
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