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Morris Polich & Purdy LLP
Morris Polich & Purdy LLP Helps Obtain $256,527,000 Judgment in Class Action Lawsuit
LOS ANGELES, March 26, 2009 (GLOBE NEWSWIRE) -- Morris Polich & Purdy LLP successfully represented plaintiffs against one of the nation's leading credit counseling firms and its founders for non-compliance with the Credit Repair Organizations Act (CROA) and other claims. The company misleadingly claimed to consumers that it was a non-profit organization, but those claims have now been adjudged false and fraudulent. The $256,527,000 class action judgment against John and Richard Puccio and several other entities related to the credit counseling organization issued following summary judgment being entered against the defendants by United States District Court Judge Michael A Ponsor of the Massachusetts District.