Controversial Student Finance Company Reaches Preliminary $15 Million Settlement In Class Action, BuzzFeed

Higher One, the New Haven–based higher education financial services company, announced Tuesday morning that it had reached a preliminary agreement to settle a class-action lawsuit over its fee practices for $15 million. The announcement, made in a regulatory filing two days of ahead of when the company announces its quarterly earnings, would, if approved and finalized, settle at least five separate lawsuits that had been combined into one earlier this year…

To continue reading, please click here.