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Daily Digest

Daily Digest – December 24. Consumers Not Getting Rich From Chase Class-Action Settlement; One Step Forward, One Back For Student Loans

CLASS-ACTIONLESS Want proof that class-action lawsuits provide little value to consumers? The details from JPMorgan Chase’s $136 million settlement with 47 state attorneys general and the Consumer Financial Protection Bureau are starting to emerge and it looks like 5,000 Chase customers in Florida will split $4.6 million. That amounts to …

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