ITT Tech

ITT Student Borrowers Win RICO Class Action Lawsuit

ITT Student Borrowers Win RICO Class Action Lawsuit

Judgment has been entered against Vervent Inc. for $12 million by a California federal judge. A jury verdict was reached following a two-week trial held in San Diego in June 2023 over the predatory lending scheme. John J. Grogan, Irv Ackelsberg and David A. Nagdeman...

ITT Student Borrowers Win Class Action Lawsuit

ITT Student Borrowers Win Class Action Lawsuit

A San Diego jury has found loan servicer, Vervent, Inc, formerly First Associates Loan Servicing LLC, legally liable in a broad racketeering enterprise that cost ex-ITT students millions of dollars. The case was brought by former ITT students over a predatory lending...