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Heldt et al v. Payday Financial, LLC et al
Case Number:
3:13-cv-03023
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 01, 2016
Borrowers Ask Out Of Payday Lending Suit After Talks End
A group of borrowers who intervened in a class action against several payday lenders in order to object to a proposed settlement that later failed told a South Dakota federal court Tuesday that they wanted to withdraw from the case until negotiations towards a settlement may be revived.
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February 12, 2016
Payday Lenders Want Suit Sent Back To Tribal Court
A group of online payday lenders, including Native American-owned Western Sky Financial, asked a South Dakota federal judge Friday to send a pending class action back to tribal court because the borrowers who filed the suit against the companies no longer wish to pursue a settlement.
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February 09, 2016
Borrowers Want More Info In Payday Loan Settlement Talks
A group of plaintiff-intervenors told a South Dakota federal court Monday that more discovery is necessary in a pending class action against CashCall Inc., Native American-owned Western Sky Financial LLC and other online payday lenders after a judge nixed a proposed $7 million settlement in January.
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January 11, 2016
Tribal Payday Lending Settlement Rejected By Judge
A South Dakota federal judge on Friday rejected a proposed $7 million settlement in a suit against several tribal payday lenders over accusations of false advertising and charging exorbitant interest rates on the grounds that the proposed class didn't meet representation requirements.
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December 17, 2015
Borrowers Clash On Proposed $39M Tribal Lending Settlement
Three representative borrowers in a proposed class action against a group of tribal payday lenders told a South Dakota federal judge Thursday that a fourth borrower misled the court about a "secret side deal" that she accused class counsel of negotiating at the expense of hundreds of thousands of borrowers.
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December 16, 2015
Borrower Claims Fraud In $7M Tribal Lender Settlement
A borrower in a proposed class action against tribal payday lenders objected to a draft settlement in South Dakota federal court on Tuesday, alleging her attorneys negotiated a "secret side deal" that left other borrowers in a lurch and pressured her to accept it.
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November 05, 2015
Payday Lenders Fork Over $7M In Borrower Class Settlement
Tribal payday lender Western Sky Financial LLC, its affiliates and Payday Financial LLC reached a $7 million settlement Wednesday with a proposed class of borrowers who accused them of false advertising and charging usurious interest rates in violation of various state laws.