2004 Credit Suit

Dawn Adams Wheelahan's OBJECTION to the FCRA class action settlement

I'm still trying to figure out what really went in this class action and I read Ms. Wheelahan's objection to the modified stipulation of the settlement on 12/3/03.

According to her, the class counsel as well as the MANY objectors were basically just trying to make a buck and selling out to the CRAs. HUGE SURPISE!!!! Who would have thought that any attorney would put their own financial benefit ahead of their clients' interest?

Aside from the attorneys fees aspects, she pointed out specific issues relating to ARBITRATION and the fact that the class members gave up FUTURE claims. I can not even believe that this was in the settlement, it sure looks like the CRAs paid the class counsel to extinguish the members claims.

If you scroll all the way down Ms. Wheelahan's objection, you'll see the exhibits. Most interesting, it seems like every FCRA attorney in the country chimed in on the objection - check the list of e-mail addresses. And if you read nothing else, read her letter to the court. The court obviously disagreed with her as the $15 million were awarded to the class counsel, but she sure makes some interesting points.

I'm not saying that the "objectors" were only interested in a piece of the pie, but it is certainly very enlightening to see how this works and how Wheelahan was shut out.