{"id":6192,"date":"2025-05-31T01:57:36","date_gmt":"2025-05-31T01:57:36","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/epitome-of-self-dealing-boies-schiller-brings-rico-antitrust-class-actions-against-claims-administrators-and-banks\/"},"modified":"2025-05-31T01:57:36","modified_gmt":"2025-05-31T01:57:36","slug":"epitome-of-self-dealing-boies-schiller-brings-rico-antitrust-class-actions-against-claims-administrators-and-banks","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/epitome-of-self-dealing-boies-schiller-brings-rico-antitrust-class-actions-against-claims-administrators-and-banks\/","title":{"rendered":"\u2018Epitome of Self-Dealing:&#8217; Boies Schiller Brings RICO, Antitrust Class Actions Against Claims Administrators and Banks"},"content":{"rendered":"\n<div data-v-1c1aa57e=\"\">\n<div data-v-1c1aa57e=\"\">\n<p>Boies Schiller Flexner filed three class actions this week, alleging a \u201cdeceptive and anticompetitive scheme\u201d in which the nation\u2019s largest claims administrators received undisclosed kickbacks to deposit hundreds of millions of dollars in class action settlements with Huntington National Bank and Western Alliance Bank.<\/p>\n<\/div>\n<p>  <!----> <!----> <!----><\/p>\n<div data-v-1c1aa57e=\"\">\n<p>The class actions, filed in federal courts in California, New York and Florida, allege that Epiq Systems Inc., Angeion Group LLC and JND Legal Administration conspired with the banks, which paid undisclosed kickbacks, reducing interest rates for hundreds of thousands of class members. The suits come about one month after <a href=\"https:\/\/www.law.com\/2025\/04\/25\/lawsuit-claims-administrators-get-kickbacks-for-digital-payments\/\" rel=\"nofollow noopener\" target=\"_blank\"><u>another class action<\/u><\/a> accused the same three claims administrators, which control 65% of the class action settlement administration market, of getting kickbacks from financial technology companies that disburse digital payments to class members.<a href=\"https:\/\/www.law.com\/2025\/04\/25\/lawsuit-claims-administrators-get-kickbacks-for-digital-payments\/\" rel=\"nofollow noopener\" target=\"_blank\">\u00a0<\/a><\/p>\n<\/div>\n<p> <!----> <!----> <!----> <!----><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Boies Schiller Flexner filed three class actions this week, alleging a \u201cdeceptive and anticompetitive scheme\u201d in which the nation\u2019s largest claims administrators received undisclosed kickbacks to deposit hundreds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[651,5664,358,6145,331,463,300,650,6144,2513,332,3993],"class_list":["post-6192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-actions","tag-administrators","tag-antitrust","tag-banks","tag-boies","tag-brings","tag-claims","tag-class","tag-epitome","tag-rico","tag-schiller","tag-selfdealing"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=6192"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/6193"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=6192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=6192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=6192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}