LaRocque v. TRS Recovery Services, Inc.
Overview of The Settlement
The Court has certified a class for settlement purpose. The settlement provided a Settlement Fund of $3,430,000 to pay claims from people who received a collection letter from TRS Recovery Services in the United States or its Territories, or paid TRS or TeleCheck Services a returned check fee in Maine.
The settlement resolves a lawsuit over whether TRS Recovery Services sent a misleading collection letter, and whether TRS or TeleCheck collected money unlawfully. TRS and TeleCheck deny that they did anything wrong. The Court did not decide in favor of the Plaintiffs or the Defendants. The settlement avoids costs and risks to you from continuing the lawsuit; pays money to people like you; and releases TRS and TeleCheck from liability. The two sides disagree on how much money could have been won if this case went to trial.
Class Members who submitted timely claims were mailed a check on May 12, 2016. Eligible members of Settlement Class 1 received $20.37. Eligible members of Settlement Class 2 received $39.32. Eligible claimants who were members of both Settlement Class 1 and Settlement Class 2 and/or Settlement Class 1 Subclass received $59.69.
You are a Class Member if you fit one of these three descriptions:
Settlement Class 1:
All natural persons with an address in the United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico or U.S. Virgin Islands to whom the defendant TRS sent its RECR3 letter between March 11, 2010 and July 30, 2015.
Settlement Class 1 Subclass:
All natural persons with an address in the United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico or U.S. Virgin Islands to whom the defendant TRS sent its RECR3 letter between March 11, 2010 and July 30, 2015, and from whom one or both defendants collected in whole or in part, within 30 days of the RECR3 letter, the debt or returned check fee referenced in that RECR3 letter.
Settlement Class 2:
All natural persons who have paid a returned check fee of $25.00 to at least one of the defendants by way of a TRS demand draft in connection with an underlying check transaction that occurred in the State of Maine between March 11, 2005 and July 30, 2015.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT:|
|SUBMIT A CLAIM FORM||The only way to get a payment is to file a claim via mail or online. The deadline to submit a claim has passed.|
|EXCLUDE YOURSELF||Get no payment. This is the only option that allows you to ever be part of any other lawsuit against TRS Recovery Services or TeleCheck Services, about the legal claims in this case. The deadline to exclude yourself has passed.|
|OBJECT||Write to the Court about why you don’t like the settlement. The deadline to object to the settlement has passed.|
|GO TO A HEARING||Ask to speak in Court about the fairness of the settlement. The Fairness Hearing was held January 21, 2016.|
|DO NOTHING||Get no payment. Give up rights.|
These rights and options–and the deadlines to exercise them–are explained on this website.
The Court in charge of this case has granted Final Approval to the settlement. The Court awarded attorneys’ fees and cost in the total amount of $1,050,000, to be paid from the Settlement Fund. The fees and expenses are for investigating the facts, litigating the case, and negotiating the settlement. The Court also awarded $10,000 to be paid to two Class Representatives for their services. Class Members who submitted timely claims were mailed a check on May 12, 2016.
Your legal rights are affected whether you acted, or didn’t act. Review this website and read the notice carefully.