Navient, the student loan servicing company formerly known as Sallie Mae, paid $2.5 million to settle claims that it violated the Telephone Consumer Protection Act by using automated dialers to seek information about borrowers from third parties who were not responsible for the loans.
Nearly half of the settlement finalized in Virginia’s Eastern District Court Friday will go to the plaintiff’s attorneys and the firm administrating the class and settlement. The verified class of 17,780 class members will each receive about $75, according to Henry Turner of Decatur’s Turner Law Offices, who originated the litigation.
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