Portfolio Recovery Associates LLC (Portfolio Recovery) agreed to pay $18 million to end multi-district litigation against the debt collection company for its alleged violations of the Telephone Consumer Protection Act (TCPA). The claims against Portfolio Recovery alleged that the company made autodialed telephone calls to consumers without their consent. All consumers who received an autodialed call to their cell phone between December 2013 to July 2013 will receive part of this settlement. Over 7.3 million consumers are set to receive settlement notices. Of that $18 million, the class representatives asked the court to approve attorneys’ fees of $5.4 million and costs of $3.3 million—about 48% of the total settlement amount. Each class representative will receive $6,250 service awards. The lengthy settlement papers read, “While each of the parties respectively believe they would have prevailed on the merits had the case not settled, they each have concluded that settlement was preferable to the uncertainty and risk attendant with litigation the case further.”
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