We have some big-name settlements for you this week, as Navient recently agreed to pay $1.85 billion to resolve claims over its unfair and predatory handling of student loans, while Old Navy put to rest claims that its “discounts” weren’t really saving customers any money. We’ll also touch on an ongoing investigation into reports that the glass doors on certain GE stoves can suddenly shatter or explode. From there, we have a new resource available for those who have ideas for potential class action cases. Keep reading for the details and even more settlements that you may be able to claim.
While this result didn’t stem from a class action case, we still wanted to share the news with our readers: more than 400,000 student loan borrowers can look forward to some relief as Navient recently agreed to a $1.85 billion settlement with a number of state attorneys general. Through the settlement, roughly 350,000 federal student loan borrowers who were placed into certain long-term forbearance programs by Navient will receive around $260 each. Additionally, Navient is obligated to cancel the remaining balances on private loans taken out by approximately 66,000 students between 2002 and 2014. The loan cancellations mostly affect those who attended for-profit schools, such as DeVry University, ITT Technical Institute and Kaplan University. Those eligible for payment should receive a notice in the mail sometime this spring, while individuals slated to have their loans canceled should receive a letter from Navient in July. In the meantime, here’s everything you need to know.
A number of GE oven and range owners have reported that their oven doors have spontaneously shattered or exploded. Now, attorneys working with ClassAction.org are investigating whether a defect is behind the rising number of complaints and, if so, whether class action lawsuits can be filed as a result. If filed and successful, a lawsuit could help people get back the money they spent on replacement doors, as well as force the manufacturers to find a fix for any issue. Attorneys suspect that the problem may be related to the self-cleaning mode and the use of tempered glass that’s not able to withstand extreme temperatures. They’re hoping, however, that by speaking with consumers who’ve had their oven doors shatter, they can start to narrow down the exact cause. If you’ve had issues with your GE oven door, share your story with us here.
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If you connected a bank account to an app (such as Venmo, Stripe, Coinbase or others) that used Plaid between January 1, 2013 and November 19, 2021, you may be able to claim a piece of this settlement.
Unlike the Navient case, the recent settlement involving Old Navy is the result of a class action lawsuit. The case claimed that the retailer used false reference prices on its discounted products to mislead shoppers into thinking they were getting a better bargain than they really were. The settlement includes all U.S. citizens who made a purchase at an Old Navy store, Old Navy outlet store or the Old Navy website, excluding purchases made in Missouri (sorry, Missouri), between November 12, 2015 and December 2, 2021. You don’t need proof to file a claim, but if you have your receipts, you could be entitled to twice the reward. For more details on the settlement and a link to where you can file your claim, head over to this page.
We receive plenty of emails about your ideas for class action lawsuits, and since we aren’t the ones who would file the cases, we’ve set up a way to have your ideas reviewed by an actual legal team. So, if you would like lawyers working with ClassAction.org to investigate a product or company you think should be the center of a class action you don’t see on our site, you can visit our new page and fill out the form at no cost to you. Now, keep in mind that this won’t be the place to ask about settlements or cases that have already been filed – but you can always ask those questions via email (firstname.lastname@example.org) and we’ll be happy to help as much as we can. Here’s the page if you want to check it out.
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