Final Approval Of $12.1M TCPA Class Settlement Granted; Attorney Fees Reduced

(August 31, 2016, 2:41 PM EDT) -- CHICAGO — An Illinois federal judge on Aug. 29 granted final approval of a $12.1 million settlement, ending a consolidated class complaint accusing a mortgage lender of placing unauthorized debt collection calls, but reduced the fees for class counsel from 36 percent to 30 percent of the net settlement fund (Heather Wright, et al. v. Nationstar Mortgage LLC, No. 14-10457, N.D. Ill.; 2016 U.S. Dist. LEXIS 115729)....

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