PRA Group Inc (PRAA.OQ)
21 Apr 2017
Portfolio Recovery Associates, one of the country's largest debt collectors, used deliberate ambiguity in a collection letter to try to get an Illinois consumer to pay on legally unenforceable debt, a federal appeals court ruled.
Portfolio Recovery Associates, one of the nation's largest debt collectors, has been hit with a proposed class action accusing it of violating state and federal laws by making auto-dialed, or robocalls to thousands of consumers' cellphones without consent.
* Pra group reports fourth quarter and full year 2016 results
* PRA Group announces the sale of government services business Source text for Eikon: Further company coverage:
* Qtrly return on average equity, annualized, of 15.1 pct, non-GAAP return on average equity, annualized, of 14.0 pct