http://paydaypundit.org/2009/09/30/the-world-of-unsecured-bank-credit/ News and Information About The Payday Lending Industry Tue, 21 Dec 2010 17:59:56 -0800 hourly 1 http://wordpress.org/?v=3.0.1 http://paydaypundit.org/2009/09/30/the-world-of-unsecured-bank-credit/comment-page-1/#comment-8104 KB Wed, 30 Sep 2009 13:54:11 +0000 http://paydaypundit.org/?p=5287#comment-8104 STorefront Payday pays a cool $10.95 million http://biz.yahoo.com/e/090929/aea8-k.html Pursuant to the Settlement Agreement, the Company will pay the lesser of (1) $10.95 million or (2) actual claims made plus plaintiff's attorney fees, administrative costs, and other costs associated with the litigation. If claims made plus covered fees and costs exceed $10.95 million, then individual claim amounts will be reduced on a pro rata basis. STorefront Payday pays a cool $10.95 million
http://biz.yahoo.com/e/090929/aea8-k.html
Pursuant to the Settlement Agreement, the Company will pay the lesser of (1) $10.95 million or (2) actual claims made plus plaintiff’s attorney fees, administrative costs, and other costs associated with the litigation. If claims made plus covered fees and costs exceed $10.95 million, then individual claim amounts will be reduced on a pro rata basis.

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