Duane Morris Class Action Review - 2023 - Report - Page 400
Top Consumer Fraud Class Action Settlements In 2022
1. $6 billion – Sweet, et al. v. Cardona Student Debt Cancellation Settlement,
Case No. 19-CV-03674 (N.D. Cal. Nov. 16, 2022) (final settlement approval
granted for a class action settlement resolving allegations the U.S. Department of
Education failed to address hundreds of thousands of applications to a program
that cancels student loan debts for borrowers whose colleges misled them).
2. $1.85 billion – Commonwealth Of Pennsylvania v. Navient Corp., Case No.
17-CV-1814 (M.D. Penn. Jan. 13, 2022) (consent judgement ordered for a class
action settlement resolving allegations of widespread unfair and deceptive
student loan servicing practices and abuses in originating predatory student
loans).
3. $328 million – Kalima, et al. v State Of Hawai’i, Case No. 99-4771-12, (Haw.
Cir. Ct. June 9, 2022) (preliminary settlement approval granted for a class action
settlement resolving allegations that the closure the Hawaiian Claims Office,
which reviewed alleged breaches of trust regarding the Hawaiian Home Lands
Trust, led residents having to wait decades with no work on when they would be
399
© Duane Morris LLP 2023
Duane Morris Class Action Review – 2023