$1.09M+ Ramsey Solutions Settlement Resolves Class Action Lawsuit Over Alleged Marketing Texts

New to ClassAction.org? Read our Newswire Disclaimer

The Lampo Group, LLC, which does business as Ramsey Solutions, will pay $1,091,790 to settle a class action lawsuit that claimed the financial guidance firm illegally sent marketing texts to consumers who requested not to be contacted by the company.

Get class action lawsuit and settlement news sent to your inbox – sign up for ClassAction.org’s free weekly newsletter.

The Ramsey Solutions class action settlement received preliminary approval from the court on October 23, 2025 and covers anyone who, while in the United States, received at least one text message from Lampo about its products or its customers’ products and services between November 22, 2020 and October 23, 2025.

The court-approved website for the Ramsey Solutions settlement can be found at LampoTCPASettlement.com.

Ramsey Solutions settlement class members who submit a timely, valid claim form can receive a one-time cash payment of up to $45. Per the settlement website, this payment may be subject to reduction on a pro rata, or equal share, basis, depending on the total number of valid claims filed.

To submit a class action settlement claim form online, class members can visit this page of the settlement website and log in with the unique notice ID and PIN found in their copy of the settlement notice.

Alternatively, a PDF claim form is available to print, fill out and mail back to the address listed near the top of the form.

All Ramsey Solutions claim forms must be submitted online or postmarked by February 19, 2026.

A hearing is scheduled for February 4, 2026 to determine whether the Ramsey Solutions settlement will receive final court approval. Settlement payments will begin to be distributed only after final approval has been granted and any appeals have been resolved.

The Ramsey Solutions class action lawsuit claimed that the company sent marketing texts on behalf of itself and its clients to consumers who had already opted out of receiving such messages, violating the federal Telephone Consumer Protection Act.

Are you owed unclaimed settlement money? Check out our class action rebates page full of open class action settlements.