Arjun P. Rao and Daniel N. Bertaccini of Stroock & Stroock & Lavan have stepped in as defense counsel to Affirm Holding Inc., a point-of-sale microlender that offers installment loans to retail shoppers, in a pending class action alleging that loans by Affirm have resulted in increased debt, higher interest, less transparency and reduced consumer protections. The action was filed June 14 in New York Southern District Court by Sheehan & Associates. The case, assigned to U.S. District Judge Cathy Seibel, is 7:21-cv-05241, Shephard v. Affirm Holdings Inc.
This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.
