Portfolio Recovery Associates settles TCPA Class Action for $18 Million
Portfolio Recovery Associates recently settled a consumer class action lawsuit for $18 million for allegations of violations of the Telephone Consumer Protection Act (“TCPA”). This ends a multi-district litigation case arising from allegations that Portfolio Recovery Associates violated the TCPA by making robocalls to consumers without their prior express consent.
This class action settlement settles 4 separate cases against Portfolio Recovery Associates for violations of the TCPA. If you believe you have a claim against Portfolio Recovery Associates or have received a letter concerning the Portfolio Recovery Associates settlement, contact the TCPA attorneys at Maginnis Law, PLLC for a free case evaluation and consultation. It is possible that you are entitled to a considerably larger settlement than what you might receive by being a member of the class action.
The TCPA settlement requires Portfolio Recovery Associates to pay $18 million which will be divided amongst the Settlement Class members. This figure includes approximately $5.4 million in attorneys’ fees, litigation costs, and additional awards to the Plaintiffs’ named in the four separate lawsuits.
The settlement will also require Portfolio Recovery Associates to stop using its “Avaya Proactive Contact Dialer” to place calls to consumers’ cellular telephone numbers without prior express consent. Portfolio Recovery Associates’ telephone dialing system is an automatic telephone dialer which enabled them to make rapid, uninterrupted telephone calls to consumers’ cellular telephones.
There are believed to be approximately 7.4 million Class Members of Portfolio Recovery Associates’ Settlement Class. This means that if each class member requests compensation under the settlement terms, each would be entitled to approximately $1.70.
Just being a class member does not mean you are stuck accepting the limited Portfolio Recovery Associates Class Settlement. Depending on the number of telephone calls that were made by Portfolio Recovery Associates to your cellular telephone, it may be beneficial to “opt-out” of the class settlement and pursue your rights individually. Maginnis Law, PLLC regularly helps individuals pursue their claims outside of the class settlement.
The TCPA allows individuals to be awarded money when they are called by companies without consent. The TCPA allows recipients of unwanted telephone calls to be awarded a minimum of $500.00 and a maximum of $1,500.00 per telephone call. If you have been harassed by Portfolio Recovery Associates, or have received a letter alerting you to the existence of the class action lawsuit, contact Maginnis Law, PLLC to discuss your rights. The TCPA attorneys with Maginnis Law can be reached at 919.526.0450 or through our confidential contact page. You can also subscribe to our mailing list to learn about the rights you have under consumer protection law against large corporations.