The Cash Store in Canada is settling two class action lawsuits. It should not exceed $14m and will be paid out as vouchers that can used to pay existing debts or future debts.
It looks like the attorneys got the deal they were looking for and settled the case. These class action attorneys extremely unethical. I can’t believe they can get away with this stuff.
Sadly, they never really say what the attorneys walk away with in these cases. I guess that’s part of the extortion deal.
You can read more about this article in TradingMarkets.com.
