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Home / Opinion Digests / Business Law / Student Loan Telemarketers Lose FCA Case (access required)

Student Loan Telemarketers Lose FCA Case (access required)

Former telemarketers who solicited applications for consolidation of government-backed student loans have not stated claims under the False Claims Act based on defendants’ alleged preferred lender agreements, exit counseling program, misleading direct mail solicitations and bonus payments to employees, according to a Richmond U.S. District Court. In their positions as telemarketers, the two relators solicited student-loan ...

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