Virtuoso Sourcing Group settlement Debt collection company Virtuoso Sourcing Group has reached a class action lawsuit settlement over claims it violated the Fair Debt Collection Practice Act (FDCPA).

If you were sent a letter from Virtuoso Sourcing Group that failed to contain the creditor to whom the debt was owed during the period from November 2, 2010 through and including September 29, 2012, you may be eligible to claim a cash payment from the class action settlement.

Here’s what the Virtuoso class action settlement provides:

VSG has agreed to pay the amount of $40,000 to settle the claims in the lawsuit.

Under the terms of the Settlement, VSG is required to pay the Settlement Fund in 12 monthly installments of $3,333.33. The first installment shall be paid 30 days after the Court issues an order preliminarily approving the Settlement. Subsequent installments shall be paid in monthly installments thereafter.

Class Counsel will ask for Court approval for the Settlement Fund to be distributed as follows: $1,000 to be applied to an incentive payment to the named Plaintiff, 33 1/3% of the Settlement Fund to be applied to attorney fees, for the reimbursement of reasonable costs and expenses, for the payment of the costs of sending this Notice to the Settlement Class, and the distribution of the remaining amount on a pro rata basis to all Settlement Class Members who submitted a timely and properly executed Claim Form.

If you wish to participate in the class action settlement and receive a cash payment, you must submit a Claim Form postmarked no later than August 8, 2013 .

A Final Fairness Hearing is scheduled for August 6, 2013.

Claim Forms and more information on your rights in the Virtuoso Class Action Lawsuit Settlement can be found at www.VirtuosoSettlement.com .

The case is Kristen Selburg, et al. v. Virtuoso Sourcing Group LLC , Case No. 11-cv-1458-RLY-MJD, U.S. District Court for the Southern District of Indiana.

 

 

Top Class Actions LLC

How to File a Claim for the Virtuoso Sourcing Group Class Action Lawsuit Settlement

 

 

 

Website of the Class Action Lawsuit Settlement Administrator: www.VirtuosoSettlement.com

 

Address to submit a claim form (REQUIRED):

To receive a cash payment from the Virtuoso class action settlement, you must submit a valid Claim Form to the following address no later than August 8, 2013:

 

Selberg v. Virtuoso Claims Administrator

c/o KCC Class Action Services

P.O. Box 6177

Novato, CA 94948-6177

 

Phone Number to call for assistance: (317) 636-6481

 

Received a Letter Between: November 2, 2010 and September 29, 2012

 

Claims must be postmarked by: 8/8/13

 

Settlement Administrator: Kurtzman Carson Consultants

 

Class Counsel:

Lynn A. Toops

COHEN & MALAD, LLP


Defense Counsel:

Douglas Bates

SITES & HARBISON, PLLC

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Updated July 11th, 2013

 

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6 Comments

  • EbeME July 16, 2013

    Does this mean we’ll (the class) get $3,333 a month for 12 months each?

  • Amanda W July 16, 2013

    So can someone explain this to me please? Thanks in advance

    Class Counsel will ask for Court approval for the Settlement Fund to be distributed as follows: $1,000 to be applied to an incentive payment to the named Plaintiff, 33 1/3% of the Settlement Fund to be applied to attorney fees, for the reimbursement of reasonable costs and expenses, for the payment of the costs of sending this Notice to the Settlement Class, and the distribution of the remaining amount on a pro rata basis to all Settlement Class Members who submitted a timely and properly executed Claim Form.

  • Natalie September 8, 2013

    Amanda, it seems as though the first $1000 of the $40,000 goes to the Plantiff, and 1/3 of the remaining $39,000 goes to the lawyers and towards court costs and the rest of the money will be split amongst people who file valid claims.

  • PJ October 8, 2013

    Means 26000 dollars will go to claimants who had valid claims under oath. Assuming there are 500 people who had valid claims will get 4 dollars and 33 cents per month for 12 months total 52 dollars or so per year. If less valid claims then payout may go higher like 100 to 200 dollars ..

  • Shell November 20, 2013

    I am not sure what class members will get, but it may be a while.

  • Patricia Harris January 6, 2014

    Virtuoso (I think) is still sending me letters with NO information re: from whom/where the letter was sent, who their phantom client is, how much is owed & for what, the account #, and who the client company is to whom I supposedly owe. I received two letters from them recently (dated Nov, 25 and 26), and a call today (Jan. 6), which I think was from them (because no one else is hounding me for $$$ I don’t owe!).The caller left a message on my answering machine saying I should call them back, but I could not understand the caller’s name (heavy Indian accent) and he left no phone #. It is now 1/6/14, so the class action suit sure didn’t accomplish much! Any other tips??

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