Recent Class Action Client Successes
Record $75.5 Million for Consumers Who Received Unwanted Robocalls from Capital One
In a case that was finalized in June 2015 in Chicago, Meyer Wilson and its co-counsel achieved the largest – by far – all-cash class settlement in the 23-year history of the Telephone Consumer Protection Act (“TCPA”). Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons have done so. Additionally, Capital One agreed to new business practices that will make future unwanted robocalls from Capital One regarding credit card debts much less likely.
Nearly $40 Million in Cash for Recipients of HSBC Robocalls
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, who received automated or prerecorded message on their cell phones from HSBC. This is believed to be the third-largest settlement in the history of the TCPA.
Bank of America Pays $32 Million into Fund for Consumers
Consumers are able to share in a common fund of $32 million, which Bank of America paid in order to end a class action lawsuit brought by Meyer Wilson in San Francisco. The plaintiffs alleged that the debt collection robocalls they had received from Bank of America were illegal. When the settlement was initially agreed upon by the parties in 2013, it was the largest all-cash settlement in the TCPA’s history, and it remains in the top five TCPA class settlements all time.
$24.15 Million for Sallie Mae Robocall Recipients
In a groundbreaking case in Seattle, Meyer Wilson successfully sued student lender Sallie Mae for making illegal debt collection robocalls to the cell phones of its borrower customers. Sallie Mae put $24.15 million – the largest all-cash TCPA class settlement at the time final approval was granted in 2012 – into a fund from which class members could make claims for their individual shares.
$20.35 Million Cash Settlement with ING Direct on Behalf of Consumers
In a case in Delaware in October 2014, Meyer Wilson’s clients had alleged that ING had promised them that their ability to “rate renew” – to modify the mortgage notes on their ING “Orange and “Easy Orange” adjustable rate mortgages if interest rates went down – would never be taken away, nor would it ever go up in price during the life of their loan. In 2012, the court certified a class of consumers in ten states who purchased or retained an ING adjustable rate mortgage. Then, after nearly five years of litigation, Meyer Wilson achieved a class settlement of $20.35 million in cash for its clients.
$7 Million Common Fund Settlement with PNC Bank on Behalf of Bank Employees
In May 2014, Meyer Wilson’s class action lawyers obtained a settlement with PNC Bank that resulted in a payment of $7 million into a common fund for Meyer Wilson’s clients, who were mortgage loan officers who alleged that they had not been properly paid for their work for the bank.
Bank of the West will pay $3.35 million fund a settlement with consumers who alleged that they received illegal robocalls.
To settle a TCPA class action lawsuit brought by Matthew R. Wilson and Michael J. Boyle, Jr. of Meyer Wilson and their co-counsel, Bank of the West will pay more than $3.35 million in cash to fund a settlement with consumers who alleged that they received automated or prerecorded messages on their cellphones without their prior express consent. District Judge Edward M. Chen, of the Northern District of California in San Francisco, gave his final approval of the settlement on April 15, 2015.
Clothes Dryer Vent Installations Fixed at No Charge to Consumers
Meyer Wilson sued big box retailers Lowe’s, Best Buy, and HH Gregg, alleging that those stores had installed the wrong type of vent on their clothes dryers in their customers’ homes. The type of vents the stores were using could cause fires, according to the installation instructions given by manufacturers of the dryers themselves, the lawsuits alleged. As a result, Meyer Wilson argued on its clients’ behalf that it wasn’t fair that the stores should be able to keep the money from their installation charges for such dangerous installations. In settling the cases on a classwide basis, each of the retailers agreed to re-do the installations, with the proper type of vent, for any customer who wished, at no charge.