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  • Kimberly A. Kralowec
    The Kralowec Law Group
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    San Francisco, CA 94104
    Tel: (415) 546-6800
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    Web: www.kraloweclaw.com
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« "2007 Developments in California Class Action Law" | Main | Off-topic post: Supreme Court to decide In re Marriage Cases today »

Wednesday, May 14, 2008

Comments

Bryan P.

Dollar Financial Group Inc. the parent company had claimants that are seeking $224 million from Money Mart. There’s a new lawsuit brewing. These lawsuits are those citizens of the nation Canada presently suing a payday loans company in a class action lawsuit. There were over 264,000 participants. The trial began in Ontario Superior Court last Tuesday, April 28th, 2009 and was expected to last in six weeks. So far, this is the largest class action today against a payday loan firm anywhere. . If the lawsuit arrives at a judgment for the plaintiffs, then it could very difficult for lenders to keep operating. If the lawsuit arrives at a judgment for the plaintiffs, then it could very difficult for lenders of short term loans to keep operating.

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