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RICO Class Certified in Student Loan Interest Suit
RICO Class Certified in Student Loan Interest Suit

Hundreds of thousands of borrowers will be able to collectively sue student loan servicing company Great Lakes for inflating their loan balances, after a federal court certified the suit as a class action Aug. 28.

Claims under the Racketeer Influenced and Corrupt Organizations Act and common law were certified for liability purposes only for now, Judge James D. Peterson wrote for the U.S. District Court for the Western District of Wisconsin.

Read the source article at Big Law Business

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