Victims of Debt Collection Scheme in New York Win $59 Million in Settlement

http://rss.nytimes.com/c/34625/f/640350/s/4b7cd932/sc/24/l/0L0Snytimes0N0C20A150C110C140Cnyregion0Cvictims0Eof0Edebt0Ecollection0Escheme0Ein0Enew0Eyork0Ewin0E590Emillion0Ein0Esettlement0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm

The settlement, which was filed Thursday in Federal District Court in Manhattan, deals a big blow to an industry that in recent years fed off a recessionary rise in consumer debt actions.

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