February 20, 2020
Federal loan servicer Great Lakes is pushing to shut down a $90 million class action accusing it of taking advantage of struggling student loan borrowers, telling a Wisconsin federal judge that the lead plaintiff's "defective" theories have "morphed several times over" but still fail.
December 06, 2019
A Wisconsin federal judge has sanctioned a federal student loan servicer that's battling a roughly $90 million class action accusing it of illegally capitalizing interest on struggling borrowers' loans, finding the servicer "prevented thousands of class members" from being formally notified about the litigation.