A national collections company has accused the Sandy Springs, Ga., law firm it hired to file collection actions for clients such as Capital One, American Express and Discover of fraud and other misdeeds.
NCO Financial Systems claims in a suit filed July 1 in Atlanta’s federal court that it gave Trauner, Cohen & Thomas more than $1.3 million to reimburse the firm for fees relating to more than 15,000 collection lawsuits that were to have been filed to collect more than $100 million in outstanding debts.
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