A Class Action Lawsuit against OCWEN for violations of the Telephone Consumer Protection Act (“TCPA”) is currently pending in the U.S. District Court for the Northern District of Illinois. The case is Snyder, et al. v. Ocwen Loan Servicing, LLC, No. 1:14-cv-08461 (N.D. Ill.). If approved by the court this upcoming April 2018, a settlement of the case will provide for a $17,500,000.00 fund from which eligible persons who file valid and timely claims will receive cash awards. The OCWEN Class Action Lawsuit covers the period between October 27, 2010 and October 6, 2017. Persons who received calls on their cell phone from an automatic telephone dialing system during this time period may be entitled to benefits under the settlement if the calls were made without consent. Unfortunately, based on the large number of people covered by the class action, it is estimated that each claim may only yield as little as $60. For this reason, it is wise to consider the possibility of pursuing an individual claim which could be worth substantially more than what would be offered through the class action settlement.
Why should you look into pursuing an individual claim? Because the Telephone Consumer Protection Act (“TCPA”) provides for up to $1,500 for EACH call made to a cell phone by an automatic telephone dialing system without the consent of the called party. This includes not only calls you answered, but those you didn’t. It even includes calls of which you may not even be aware because of early disconnects. Although each case is different, some individual claims could be worth into the tens-of-thousands, or even hundreds-of-thousands of dollars.
To preserve your right to pursue an individual claim for illegal autodialed calls made by OCWEN during the time period covered by the class action, you must OPT OUT of the settlement no later than March 5, 2018. Call Attorney Joseph Adams immediately at 215-996-9977 to discuss the OPT OUT procedure and the possibility of pursuing your own individual claim against OCWEN. Individual claims against OCWEN can be evaluated through Mr. Adams’ office free of charge. All calls are confidential and without obligation.