Case Home: RENEE GALLOWAY, et al. v. JAMES WILLIAMS, JR, et al. Settlement

Update: On December 18, 2020. the Court has granted Final Approval of the Class Action Settlement. To view the Court's order, please click here.

Read this Notice. It states your rights and provides you with information regarding a proposed nationwide class action settlement (“Settlement”) in lawsuits brought against a number of companies and persons alleged to be involved with the making of online loans in the name of Big Picture Loans and Red Rock Tribal Lending d/b/a Castle Payday Loans. All of these settling parties, listed below, are known here as the Settling Defendants.

The lawsuit claimed that the Big Picture and Castle Payday loans violated state usury laws and the Racketeer Influenced and Corrupt Organizations Act. There was no finding of liability in this case, and the Settling Defendants vigorously denied all allegations in the lawsuits.

As part of the proposed Settlement, individuals who executed Big Picture and/or Castle Payday loan agreements from June 22, 2013 to December 20, 2019 may be eligible to receive certain benefits, as detailed below, including cash refunds.

This Notice is a summary of information about the Settlement and explains your legal rights and options because you may be a member of the class of borrowers who would be affected if the Settlement is finally approved by the Court. The complete terms of the proposed Settlement are available at the Settlement website, www.bplsettlement.com (“Settlement Website”). You may also obtain further information about the Settlement at the following telephone number: 1-800-641-9098.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT
DO NOTHING	You will remain a member of the Settlement Class. You may receive certain benefits without doing anything, including a reduction in the amount of interest you can be charged on your loan. However, if you do nothing, you will not receive a cash payment. You can still bring any claim you may have against a Defendant, but only on an individual basis.
MAKE A CLAIM FOR A CASH PAYMENT	You can make a claim for a cash amount by submitting the attached claim form (“Claim Form”) by mail or at www.bplsettlement.com. You will receive a cash payment if you repaid your loan, and paid more than 2.5 times the original principal amount of the loan in payments over the life of the loan. You can go to www.bplsettlement.com/page/claim to see whether you would receive a cash payment. The deadline to submit a claim form is September 10, 2021. You must mail or submit online your claim by that date. You will release any other claims you may have against the Settling Defendants and cannot sue them again.
OBJECT TO THE SETTLEMENT	If you want to object to the settlement, you may write to the Court about why you don’t like the Settlement or why the Court should not approve it. The deadline to object to the settlement is November 10, 2020. You must file any objection by that date.