Result: Nearly $400 million in settlements
Lieff Cabraser has spearheaded a series of groundbreaking class actions under the Telephone Consumer Protection Act (“TCPA”), which prohibits abusive telephone practices by lenders and marketers, and places strict limits on the use of autodialers to call or send texts or robocalls to cell phones.
Settlements in Lieff Cabraser’s TCPA Cases
The settlements in these cases have put a stop to collectively millions of harassing calls by debt collectors and others and resulted in the recovery by consumers across America of over $369 million. In 2012, Lieff Cabraser achieved a $24.15 million class settlement with Sallie Mae – the then-largest settlement in the history of the TCPA. See Arthur v. Sallie Mae, Inc., No. C10-0198 JLR, 2012 U.S. Dist. LEXIS 132413 (W.D. Wash. Sept. 17, 2012).
In subsequent cases, Lieff Cabraser and co-counsel eclipsed this record, including a $32,083,905 settlement with Bank of America (Duke v. Bank of America, No. 5:12-cv-04009-EJD (N.D. Cal.)), a $39,975,000 settlement with HSBC (Wilkins v. HSBC Bank Nev., N.A., Case No. 14-cv-190 (N.D. Ill.)), and a $75,455,098.74 settlement with Capital One (In re Capital One Telephone Consumer Protection Act Litigation, Master Docket No. 1:12-cv-10064 (N.D. Ill.)).
In the HSBC matter, Judge James F. Holderman commented on “the excellent work” and “professionalism” of Lieff Cabraser and its co-counsel. As noted above, Lieff Cabraser’s seventeen class settlements in TCPA cases have collectively resulted in the recovery by consumers of over $369 million.