September 19, 2017 / 10:53 PM / 9 months ago

N.J. law firm, debt collector, settle with NYC consumers

New York City consumers have reached a $3.9 million settlement with two companies and a New Jersey law firm that worked with them that they accused of filing mass debt collection lawsuits without proper evidence.

Disclosed in a filing on Monday in Manhattan federal court, the deal resolves a proposed class action against law firm Pressler & Pressler, which specializes in debt collection and Asta Funding, a New Jersey-based, publicly traded debt buyer, and its subsidiary Palisades Collection.

To read the full story on Westlaw Practitioner Insights, click here:

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