The Virtuodo class action lawsuit revolves around the Fair Debt Collection Practices Act and if this act was violated by the defendant. Class members contend that Virtuodo violated FDCPA 15 U.S.C. § 1692, et seq. when they failed to display the name of the creditor to whom the debt was owed when sending letters. The lead class member is Kristen Selburg and she is suing on behalf of herself and other people who have similar claims. To avoid a costly trial by jury VSG has agreed to a settlement deal of $40,000 to close the case. Please note the settlement is still subject to a settlement fairness hearing that will take place on 9:00 a.m. on August 6, 2013 at the United States Courthouse, 46 East Ohio Street, Indianapolis, Indiana. Under the current settlement terms VSG has agreed to pay $3,333.33 per month for 12 months. Class members in the Virtuoso Lawsuit Settlement are defined as anyone who “All natural persons who were sent a letter from Virtuoso Sourcing Group, LLC that (i) failed to contain the name of the creditor to whom the debt was owed (ii) in an attempt to collect a debt that was primarily for personal, family, or household purposes (iii) which were not returned undeliverable by the U.S. Post Office (iv) during the period from November 2, 2010 through and including September 29, 2012.” via court documents.
Class members will be represented by the law firm of Cohen & Malad, LLP out of Indianapolis. Virtuoso has elected the law firm of Stites & Harbison, PLLC out of Jefferson IN. You MUST file a claim form by August 8, 2013 in order to be eligible. The court has set the date of June 10, 2013 in relation to the deadline for objections and exclusions.
The Class Notice and the Claim Form are both available online in PDF Format. The case is out of the jurisdiction of the United States District Court Southern District of Indiana United States Courthouse before Chief Judge Richard L. Young.
