Cy Pres Fairness, Incentive Payment Petitions In Student Loan Case Opposed

Mealey's (March 15, 2023, 1:16 PM EDT) -- WASHINGTON, D.C. — Class representatives and a student loan servicing company filed separate briefs in the U.S. Supreme Court opposing two petitions by objectors challenging a class settlement that provides monetary relief only in the form of a cy pres award in a lawsuit against the loan serving company for allegedly failing to properly help borrowers eligible for student loan forgiveness....

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