General World News

Former Live Well employees receive final approval of class action settlement

A cohort of former employees at now-defunct reverse mortgage lender Live Well Financial has been granted final settlement approval in a class action lawsuit brought against the company’s estate in May 2019.

Monica Williams, a former loan account manager in Live Well’s Richmond, Va. headquarters, initially filed the suit days after Live Well had halted funding for new loans and subsequently ceased operations entirely.

“After reviewing the terms of the settlement agreement, the court has determined that the legal and factual bases [outlined] in the motion details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com