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April 27, 2018

In $28 Million TCPA Settlement, Lawyers get $9.3 Million and Consumers Get $38

A proposed $28 million Telephone Consumer Protection Act settlement would award individual plaintiffs $38 while giving the attorneys $9.3 million in fees, plus an extra $600,000 for “out-of-pocket costs,” Legal Newsline reports.

Should the settlement be approved, there would be about $13 million remaining to compensate the nearly 345,000 claims after the attorneys and lead class members are paid. This would leave only about $38 for each claimant, which settlement supporters say “compares favorably” with other TCPA settlements.

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