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Upon the Court’s final approval of this Agreement and the settlement set forth herein, a judgment in the form attached hereto as Exhibit 8 shall be entered.
The exhibits to this Agreement are integral parts of the Agreement and Settlement and are hereby incorporated and made a part of this Agreement.
To the extent permitted by law, this Agreement may be pleaded as a full and complete defense to, and may be used as the basis for an injunction against, any action, suit, or other proceeding that may be instituted, prosecuted, or attempted in breach of this Agreement.
The Settlement resolves two lawsuits in which claims were made that Equifax Consumer Services, Inc. (Equifax) and Fair Isaac Corporation (Fair Isaac) (collectively, the Defendants) violated the federal Credit Repair Organizations Act and similar state laws.
Under the Settlement, Defendants deny that they are liable, but have agreed to make certain changes to the Offerings and to the advertising and marketing of the Offerings.
At the hearing, the Court approved the Settlement, approved the award of $4,000,000.00 in fees and expenses to Class Counsel, and approved the Incentive Awards in the amount of $7,500.00 to Class Representatives Hillis and Slack.
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