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 Military (MLA) Litigation   
Military Lending Act Litigation

4/25/2017 SETTLEMENT DISBURSEMENT UPDATE

 

On April 21, 2017, Judge Clay Land GRANTED Class Counsel’s Motion to Alter Distribution Plan in Settlement Agreement to allow reissuance of checks to those class members who could not or did not cash their original settlement checks. The Class Administrator will mail out these reissued, previously uncashed settlement checks to eligible class members on April 27, 2017. Under the terms of the Court’s Order, these checks  will be valid for no longer than 60 days.
 
If you receive a settlement check, eligible class members should cash or deposit it immediately. This will be the last and final distribution of funds and any checks not cashed within the 60 day time frame will become invalid.

 Background and History of Lawsuit:  Military servicemembers won a huge victory when a three judge panel of the 11th Circuit Court of Appeal upheld the trial court’s decision to certify a nationwide class action lawsuit against Atlanta-based vehicle title lender, Community Loans of America for violations of the Military Lending Act, which caps permissible interest rates at 36%.  BLG attorneys Roy Barnes, John Bevis and Cam Tribble represent servicemembers and their dependents in 18 states. 

 

 

After nearly 6 years of litigation, Barnes Law Group is proud to help make it right for these service members and their families.

For important information about this case, please review the information contained at the following links: 

Click Here for the Published Notice of December 17, 2015

Click Here for the Court Ordered Legal Notice

Click here to review the Complaint

Click here to review the Defendants’ Answer to the Complaint

 

Click here to read the Class Certification Order

 

 
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