Duane Morris Class Action Review - 2023 - Report - Page 410
Top FCRA Class Action Settlements In 2022
In 2022, the top ten FCRA settlements totaled $210.11 million.
1. $94 million – Echard, et al. v. Wells Fargo Bank NA, Case No. 21-CV-5080
(S.D. Ohio Sept. 9, 2022) (settlement agreement reached in a class action
settlement alleging the defendants sent mortgage borrowers into forbearance
during the COVID-19 pandemic and damaged their credit ratings).
2. $54 million – Smith, et al. v American Detective Services, Inc., Case No.
22CN-CC00019 (Mo. Cir. Ct. Apr. 14, 2022) (final settlement approval granted in
a class action alleging that class members were denied employment prior to
being provided copies of their consumer reports).
3. $22.45 million – Hill-Green, et al. v. Experian Information Solutions Inc.,
Case No. 19-CV-708 (E.D. Va. Sept. 29, 2022) (final settlement approval
granted in a class action alleging that the defendant used outdated and
inaccurate information that had a negative bearing on creditworthiness).
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© Duane Morris LLP 2023
Duane Morris Class Action Review – 2023
