Subscribe to our mailing list

X

Mass Joinder Train Pulls Into Final Stop for Attorney R. Geoffrey Broderick

By on April 18, 2017

California attorney R. Geoffrey Broderick has been the subject of many posts over the years. You’ve got to give them guy credit for sticking with a task and not letting it go. Unfortunately the consumers who fell for the sales pitch are the ones most hurt here.

The sales pitch was consumers were screwed over by their banks during the 2008-2009 mortgage mess. And for only a lot down and more per month, attorneys would file a “mass joinder” suit against the banks and win people cash back and free homes.

The latest effort that claimed Broderick was associated with was Brookstone Law Group. On April 14, 2017, R. Geoffrey Broderick agreed to pay $1.9 million to settle charges against him. He also agreed to get the heck out of the debt relief space.

The FTC said, “The FTC also alleges that R. Geoffrey Broderick violated the Temporary Restraining Order, DE 23, and Preliminary Injunctions, DE 57 & 59, entered against him and the Corporate Defendants by this Court by withdrawing funds from frozen bank accounts held at US Bank N.A. in the name of the Corporate Defendants. The FTC alleges that R. Geoffrey Broderick further held these funds and failed to report them on his court-ordered financial statement and, after the FTC learned of the withdrawals, has failed to return the money to the court-appointed Receiver.”

Broderick agreed to be banned from the debt relief industry, “IT IS ORDERED that R. Geoffrey Broderick is permanently restrained and enjoined from advertising, marketing, promoting, offering for sale, or selling, or assisting others in the advertising, marketing, promoting, offering for sale, or selling, of any secured or unsecured debt relief product or service.”

And then Broderick pays up, “IT IS FURTHER ORDERED that judgment in the amount of One Million Nine Hundred Eleven Thousand Seven Hundred Forty Two Dollars and Nine Cents ($1,911,742.09), is entered, jointly and severally, in favor of the Commission against R. Geoffrey Broderick, as equitable monetary relief. R. Geoffrey Broderick is ordered to pay the FTC this amount immediately upon the entry of this Order.”

READ  I Just Got a Mass Joinder Litigation Settlement Notification Mailer. - Sandra

You can read the full court document here.


Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Share a Comment / Leave a Reply

%d bloggers like this: