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NorVergence Class Action Suit Marches Forward 25 Leasing Companies Now Named On Wednesday, September 1, 2004, an Order to Show Cause Seeking an Injunction to stop the leasing companies from enforcing the leases was filed in the class action. In addition, an amended complaint against 26 leasing companies was filed. The Court has scheduled the hearing date for the Order to Show Cause With Temporary Restraints for Friday, October 1, 2004 at 2:30PM . The web site www.njnorvergenceclassaction.com will be posting a list of a network of attorneys in key states that is accepting the defense of individual cases already filed by the leasing companies against putative class members, while the class action continues to litigate. Michael S. Green says, “This list will be updated as we hear about suits filed in the different states by the leasing companies. At the present time we are aware of suits filed in PA, Illinois, Iowa, Ohio, Washington State. If you are aware of other states involved please let us know.” MICHAEL SCOTT GREEN, ESQ. From the Web Site: “The class action is being represented on a contingency fee basis, there is no retainer fee. If we are successful in the class action litigation, we will make an application to the Court for attorneys' fees and expenses, which are typically paid out of a settlement fund or judgment collection which is paid by the defendants. Such a fee is first passed upon by the Court which must approve all fees and expenses paid to counsel in a class action. If a settlement is reached, Class Members are afforded the opportunity, at that time, to consider their options and opt-out, if they so desire, to pursue an individual claim. In addition, if you fit the definition of the class in the amended complaint, you are, by definition, a putative class member. You do not need to “sign up” or “join” in any manner at this time to be included as a member of the putative class. For more information regarding class actions you may review the Class Action FAQ sections at www.lawmsg.com and www.kgglaw.com. There is, unfortunately, a great deal of misinformation regarding class actions circulating and we urge you to review these sections. The following lease companies are named in the amended complaint that was filed on Wednesday, September 1, 2004: ABB Leasing, |
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