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.
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
Lynn A. Toops
COHEN & MALAD, LLP
SITES & HARBISON, PLLC
Updated July 11th, 2013
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Categorized in: Closed Settlements