Consumer Protection Litigation at All Time High Since 2007

Lawsuits filed in 2015 under the Telephone Consumer Protection Act (“TCPA”) and the Fair Credit Reporting Act (“FCRA”) were at an all-time high according to the following report from Web Recon LLC:   ■ Filings under the Telephone Consumer Protection Act were up 45% and filings under the Fair Credit Reporting Act were up 53.4% compared to 2014

  ■ In 2015, 3,710 TCPA cases were filed while 2,445 were filed in 2014 and 1,904 in 2013

  ■ FCRA cases increased from 2,445 in 2014 to 3,751 in 2015

  ■ Fair Debt Collection Practices Act (“FDCPA”) case filings increased by 16.1% in 2015 compared to 2014

  ■ 16.6% of FDCPA complaints were filed as punitive class actions

  ■ 23.6% of TCPA complaints were filed as punitive class actions

  ■ 15,854 cases were filed for all consumer statutes in 2015 compared to 5,224 in 2007

  ■ 35% of consumer litigation plaintiffs have sued multiple times under consumer statutes

Given the increased pace of litigation under the consumer protection laws it is more important than ever to make sure you company is in compliance.  For more information or for insight on what do to if you company is sued contact Joe Messer at 312-334-3440 or jmesser@messerstrickler.com.