Sykes v. Mel S. Harris and Associates LLC, No. 09 Civ. 8486 (S.D.N.Y)
May 26, 2016OUTCOME: Settlement $60 million
The $60 million settlement in the case, captioned Sykes v. Mel S. Harris and Associates LLC, No. 09 Civ. 8486 (S.D.N.Y), is the largest ever of its kind. The settlement should also lead to the unprec ... edented vacating of approximately 195,000 court judgments and result in the forgiveness of over $1 billion in alleged debt. Plaintiffs’ lawsuit alleged that that Defendants used fraudulent practices to file debt collection lawsuits, obtain default judgments, and then collect on those judgments. For more information, go to http://www.ecbalaw.com/judge-approves-60-million-settlement-in-debt-collection-suit/
