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Sallie Mae Class Action Settlement Of Sallie Mae TCPA Class Action Lawsuit

If you received an auto-dialed or pre-recorded call from Sallie Mae, Inc., or Another Affiliate or Subsidiary of SLM Corporation, to your cell phone on or after October 27, 2005 to September 14, 2010, you could receive benefits from a class action settlement.

A class action settlement has been reached in a class action lawsuit pending against Sallie Mae, Inc. (“Sallie Mae” or “Defendant”) in the United States District Court for the Western District of Washington (styled Arthur, et. al. v. Sallie Mae, Inc., Civil Action Case No. 10-cv-00198-JLR) alleging, among other things, that Sallie Mae made non-emergency calls to class member’s cellular telephones through the use of automatic telephone dialing systems (“ATDS”) and/or an artificial or prerecorded voice (“automated telephone equipment”) without prior express consent, purportedly in violation of the Telephone Consumer Protection Act, 47 U.S.C. section 227 et seq. (“TCPA”), according to the Sallie Mae TCPA class action settlement notice.

The Sallie Mae TCPA settlement class reportedly includes all persons, unless otherwise excluded, to whom, on or after October 27, 2005 to September 14, 2010, Sallie Mae or any other affiliate or subsidiary of SLM Corporation placed a non-emergency telephone call to a cellular telephone through the use of automated telephone equipment.

Under the Sallie Mae TCPA settlement, Sallie Mae has agreed to pay
$19.5 million into a settlement fund (the “Fund”), out of which eligible  settlement Class Members who file qualified claims will receive pro rata Monetary Awards in the form of cash or reductions in outstanding extensions of credit (not to exceed $500 per class member) and out of which Class Counsel’s Court awarded attorneys’ fees and costs, service awards to the Representative Plaintiffs and all costs of notice and claims administration will be paid.

Sallie Mae has also reportedly agreed to prospective changes to the challenged practices, which will allow class members to require that the calls at issue no longer be placed to their cellular telephone numbers.

The Court is scheduled to hold a settlement Fairness Hearing on December 17, 2010 at 9:30 a.m. at the U.S. District Court for the Western District of Washington 700 Stewart Street, Seattle, Washington 98101 to consider if the Sallie Mae TCPA settlement is fair, reasonable and adequate, and should be granted final approval.

For more information on the Sallie Mae TCPA class action lawsuit settlement and/or for updates on the Sallie Mae class action settlement, visit the Sallie Mae Settlement website:

www.arthurtcpasettlement.com

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