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Solomon et al v. American Web Loan, Inc. et al

  1. May 27, 2021

    Tribal Lending Deal With $86M Cash Relief Asks For Final OK

    A proposed class of more than 600,000 borrowers urged a Virginia federal judge to grant final approval of a settlement that cancels millions of dollars of debt, doles out $86 million in cash relief and settles illegal online lending claims against tribe-owned American Web Loan Inc.

  2. April 08, 2021

    Tribal Lending Deal With Larger $182M Payout Gets Initial OK

    A Virginia federal judge has given an early green light to a revised $182 million deal to settle illegal online lending claims against tribe-owned American Web Loan Inc. that increases cash payments to the proposed class by $21 million and cancels thousands of additional loans.

  3. October 15, 2020

    Borrowers Reject AG's Atty Fee Critique In $141M Lender Deal

    Borrowers looking to clinch a $141 million settlement of illegal lending claims against online lender American Web Loan urged a Virginia federal judge on Wednesday to press ahead with final approval of the deal, defending their request for $32.4 million in attorney fees against criticism from the state's attorney general.

  4. April 16, 2020

    Online Lender Settles Tribal Lending Suit With $141M Deal

    Online lender American Web Loan has agreed to a settlement worth $141 million to resolve a proposed class action accusing it and others of an illegal predatory lending scheme that exploited tribal immunity, according to papers filed in Virginia federal court on Thursday.