Stout retained by counsel in class action litigation

Stout retained by counsel in class action litigation

Stout was retained by counsel in a class action litigation to estimate the future cash flows from collections on a portfolio of consumer debt. We used the past performance of the portfolio as well as other similar portfolios and publicly available information as a basis for estimating the future cash flows. Counsel used the estimate as a means to support a proposed settlement proffered to the court for approval.