District Court (Ill.) Approves $34M TCPA Class Action Settlement

In Gehrich v. Chase Bank USA, N.A., 2016 WL 806549, at *19 (N.D.Ill., 2016)Ill., Judge Feinerman approved a $34M TCPA Class Action settlement.

For the foregoing reasons, the motions for class certification and incentive awards are granted, while the motions for final approval of the settlement and for attorney fees are granted in part and denied in part. The court modifies the settlement such that the distribution of the $34 million common fund is as follows: (1) Collection Call Subclass Member claims in the amount of $21,531,656.39; (2) a dedicated cy pres distribution of $50,000 to the Consumer Federation of America; (3) settlement administration expenses of approximately $5,152,929.51; (4) court-approved incentive awards to the five class representatives in the amount of $1,500 each ($7,500 total); and (5) court-approved attorney fees and costs of $7,257,914.10.