{"id":166819,"date":"2026-11-05T17:07:03","date_gmt":"2026-11-06T01:07:03","guid":{"rendered":"https:\/\/xira.com\/p\/?p=166819"},"modified":"2026-11-05T17:07:03","modified_gmt":"2026-11-06T01:07:03","slug":"settlement-administrators-banks-seek-dismissal-of-racketeering-suits","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/11\/05\/settlement-administrators-banks-seek-dismissal-of-racketeering-suits\/","title":{"rendered":"Settlement Administrators, Banks, Seek Dismissal of Racketeering Suits"},"content":{"rendered":"<p>Settlement administrators, banks and fintech companies moved to dismiss novel racketeering and antitrust claims over alleged profits from class action funds, arguing they owed class members no fiduciary duties and that plaintiffs lack standing to sue.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/972443993\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fbshare20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fblike20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/972443993\/law\/legal-news,https%3A%2F%2Fk2-prod-alm.s3.us-east-1.amazonaws.com%2Fbrightspot%2F49%2F76%2F7f9cf0c243ff8b6f6f5a9d3990b6%2Fpincus-andrew-2019-02-jpg767x505.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/pinterest20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/stumble20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/x.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/rss20.png\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n<p>Settlement administrators, banks and fintech companies moved to dismiss novel racketeering and antitrust claims over alleged profits from class action funds, arguing they owed class members no fiduciary duties and that plaintiffs lack standing to sue.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/972443993\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fbshare20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/fblike20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/972443993\/law\/legal-news,https%3A%2F%2Fk2-prod-alm.s3.us-east-1.amazonaws.com%2Fbrightspot%2F49%2F76%2F7f9cf0c243ff8b6f6f5a9d3990b6%2Fpincus-andrew-2019-02-jpg767x505.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/pinterest20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/stumble20.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/x.png\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/972443993\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" height=\"20\" src=\"https:\/\/assets.feedblitz.com\/i\/rss20.png\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Settlement administrators, banks and fintech companies moved to dismiss novel racketeering and antitrust claims over alleged profits from class action funds, arguing they owed class members no fiduciary duties and that plaintiffs lack standing to sue. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Settlement administrators, banks and fintech companies moved to dismiss novel racketeering and antitrust claims over alleged profits from [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":166820,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-166819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-com"],"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/166819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=166819"}],"version-history":[{"count":1,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/166819\/revisions"}],"predecessor-version":[{"id":166838,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/166819\/revisions\/166838"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/166820"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=166819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=166819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=166819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}