March 30, 2021
A federal judge on Tuesday ordered a company accused of running a student debt relief scam and violating New York's usury cap to immediately pay $53 million in statutory penalties after it failed for years to respond to a suit filed by New York's attorney general.
May 22, 2020
Two purported student debt servicers and their executives will pay $5.5 million to end claims they duped student borrowers into paying for loan services that should have been free, New York's attorney general said Friday.
February 18, 2020
Student debt companies accused of conspiring to lie to borrowers and obtaining unwarranted fees have agreed to a $2.2 million settlement to end a suit from the New York attorney general, though they could end up paying only a fraction of that total, according to filings in federal court Tuesday.
July 03, 2019
A Manhattan federal judge won't let a web of connected student debt companies ditch a lawsuit from New York's attorney general that accuses the companies of lying to borrowers and obtaining fees for relief services that can be done for free.
May 15, 2019
Attorneys for a complex web of interconnected student debt companies pitched a Manhattan federal judge on Wednesday on various reasons to cut short New York state's fraud lawsuit against them.