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FDCPA: Class Actions
-
Wisneski
v. Nationwide Collections, Inc.
- CLASS CERTIFICATION ORDER - USDC EDPa.
- Court File No.
CV-00948-CG
- "I do not believe that
Congress intended to allow a company to avoid a class action
litigation arising under the FDCPA by presenting a balance sheet
which shows that assets equal liabilities; such a demonstration
is the nature of a balance sheet. I would include equity,
capital stock, and goodwill into the calculation of a company’s
net worth for these purposes. Under this analysis, Defendants
balance sheet clearly indicates that they have net worth in the
form of common stock and equity, as well as whatever good will
Defendant has established as a company."
-
Sonmore v. Checkrite - CLASS CERTIFICATION ORDER - USDC Minn. -
CV-99-2039 DDA-FLN - District Court denies class
certification where maximum recovery would be approximately .25
cents for each of the 150,000 class members, as "an undertaking
totally disproportionate in terms of attorney time,
administrative costs, and judicial resources to whatever public
good or deterrent effect the class action might accomplish."
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