By Caleb Symons (August 31, 2022, 8:40 p.m. EDT) – California residents who have sued tribal-linked affiliates of payday loan company Think Finance LLC, accusing them of trying to evade antitrust laws Usury, dropped their federal lawsuit after inking a “creative” deal that will add $300,000 to another settlement involving the now-defunct lender.
The eight plaintiffs informed U.S. District Judge William H. Orrick on Tuesday that they were dropping the case and their class certification, now that they had settled with the last remaining defendants: Haynes Investments LLC, which funded a subsidiary, and its managing partner.
The move came as no surprise, as borrowers – who had accused Think Finance…
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