Cases alleging class action racketeering scheme land in DC court
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A U.S. federal judge in Washington, John Bates, has been appointed to oversee lawsuits accusing class action settlement administrators of a kickback scheme with banks. The cases allege that Epiq Systems, Angeion Group, and JND Legal Administration took illegal payments from Huntington National Bank and Western Alliance Bank. The lawsuits claim these administrators received hundreds of millions in undisclosed kickbacks, affecting payouts to class members. The Judicial Panel on Multidistrict Litigation selected Bates due to similar antitrust and racketeering claims in the cases.
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