- SEC Investigates Herbalife Pyramid Scheme Allegations by Hedge FundPosted 1 year ago
- Report Says 20% of Companies Manage EarningsPosted 2 years ago
- FDA Scrutinizes L’Oreal Over Anti-Aging CreamsPosted 2 years ago
AllianceOne Receivables Settles Pre-Recorded Phone Calls Class Action
Recently, a federal court granted preliminary approval of a class action settlement between AllianceOne Receivables Management, Inc., and people who claimed to have received pre-recorded phone calls from the company, in violation of the federal Telephone Consumer Protection Act (TCPA).
The $9 million settlement ends a case titled Adams, et al., v. AllianceOne Receivables Management, Inc., Southern District of California. Under the terms of the settlement, individual class members may receive up to $40 if they received a pre-recorded message from AllianceOne.
Generally, companies that violate the TCPA are viable to consumer for $500 for each violation of the Act, and $1,500 for each knowing or willful violation.