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Dawson, Meredith v. Great Lakes Educational Loan Services, Inc. et al
Case Number:
3:15-cv-00475
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 20, 2020
Great Lakes Looks To End $90M Student Borrower Suit
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.
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December 06, 2019
Servicer Faulted For Impeding Notice In $90M Borrower Suit
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.