First Resolution Investment Debt Collection Company Class Action Settlement (Massachusetts Only)

Class Eligibility

You are included in the Settlement if, at any time from April 8, 2011, through January 10, 2018, you were subjected to any collection activity by FRIC on a consumer debt while you were a resident of Massachusetts (if you received a class notice in the mail, FRICs records indicate you are a class member) Collection activities include, but are not necessarily limited to, sending a dunning letter, bill, invoice, notice, demand, statement, or similar document; contacting a debtor by mail or email; placing telephone calls to a debtor or to relatives, household members, neighbors, personal references or employers of a debtor; reporting a debt to a consumer reporting agency; filing or prosecuting a lawsuit; recording or levying an execution; filing or prosecuting a supplementary process action; filing or prosecuting a wage garnishment action; filing a proof of claim in a bankruptcy case; and accepting money from a debtor or on a debtor’s behalf. You are also included if FRIC filed any legal proceeding against you in any Massachusetts court during that time period.

It does not matter if third parties (such as collection agencies or lawyers) performed collection activities on FRIC’s behalf. It also does not matter if you did not pay any money to FRIC.

Estimated Amount


All Class Members will receive a payment due to this Settlement. In addition, all Class Members with “open accounts” will have accrued interest forgiven and future interest waived. Finally, any Class Member who submits a timely and proper claim will receive a 10% reduction in any amount which still may be allegedly owed to FRIC as of September 26, 2017.

Proof of Purchase


Case Name

Clark v. First Resolution Investment Corp., et al.,
Case No. 15-1013-BLS2

Superior Court for Suffolk County, Massachusetts

Case Summary

The class action lawsuit asserts that First Resolution Investment Corp. (FRIC) collected and attempted to collect defaulted consumer debts in Massachusetts without being licensed as a debt collector by the Massachusetts Division of Banks. It also asserts that FRIC filed collection lawsuits and other proceedings without being registered as a foreign corporation with the Massachusetts Secretary of State. A “consumer debt” is a debt incurred primarily for personal, household, or family purposes. FRIC disputes the claims and maintains it did nothing wrong, and the Settlement does not establish otherwise.

Settlement Pool





First Class, Inc./ J13713- Clark

5410 W. Roosevelt Rd., Suite 222

Chicago, IL 60644-1490