Amici File U.S. High Court Briefs Supporting Cy Pres Fairness Petition

Mealey's (January 20, 2023, 1:53 PM EST) -- WASHINGTON, D.C. — Three amicus curiae briefs were filed in the U.S. Supreme Court by a nonprofit public policy research foundation, 16 states and a nonprofit law firm supporting a petition for a writ of certiorari by an individual who unsuccessfully objected to a class settlement in a lawsuit against a student loan servicing company accused of failing to properly help borrowers eligible for student loan forgiveness seeking review of the agreement providing monetary relief only in the form of a cy pres award....