Dell Class-Action Settlement Approved

Oct 26, 2006

Settlement was approved today by a Tacoma, Washington federal court in the class-action lawsuit against Dell, Inc., Dell Financial Services, L.P., and CIT Bank.

According to the settlement, defendants will pay $17 million to resolve claims by customers who financed their computers and related services through Dell Financial Services. The company also agreed to adjust their sales and financing practices. Consumers nationwide allege that the defendants' practices caused them unnecessary finance charges and late fees.

Counsel for the plaintiffs include Hagens Berman Sobol Shapiro LLP, Lerach Coughlin Stoia Geller Rudman & Robbins, LLP, Mehri & Skalet, PLLC, Seeger Weiss LLP, Trial Lawyers for Public Justice, and the Law Office of Jeffrey Keller.

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