Feb 15, 2017
Portfolio Recovery Associates to Pay $18 Million to Settle TCPA Class ActionClass action settlement that has been preliminarily approved by the Court. On January 25, 2017 the Court entered a written order, approving the Settlement. In re Portfolio Recovery Associates, LLC Telephone Consumer Protection Act Litigation, No. 11-MD-2295-JAH-BGS. The settlement administrator received approximately 350,000 claims. Based on the information we have now (and assuming the Court grants all the fees and expenses sought), each claim should receive approximately twenty-eight dollars ($28).