Lawsuit: Fisher Investments violated federal telemarketing law
Published: April 13, 2021, 5:07pm
Share: Money management firm Fisher Investments has a 150-acre campus located in Camas. (Courtesy of Fisher Investments)
Camas-based financial management firm Fisher Investments has been hit with a class-action lawsuit alleging that the company violated federal law by using an automated system to place telemarketing calls to prospective clients’ cellphones. The company disputes the allegations.
North Carolina resident Mark Bryant filed the suit Friday in the United States District Court of Western Washington and sought class-action status on behalf of anyone else who received similar calls from Fisher in the last four years, which the lawsuit claims could include thousands of people. The lawsuit was first reported by the online outlet Advisor Hub.
The U S Supreme Court Limits TCPA Liability By Narrowly Interpreting ATDS | Sheppard Mullin Richter & Hampton LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The US Supreme Court in
Facebook, Inc. v. Duguid unanimously held on April 1 that the Telephone Consumer Protection Act’s definition of an autodialer is limited to systems that have the capacity either to store a telephone number using a random or sequential number generator or to produce a telephone number using a random or sequential number generator, finding in favor of Facebook based on the plain text of the statute. While this decision eliminates the need for businesses to obtain full prior express written consent before collecting phone numbers for text messages or phone calls from call centers (through equipment that does not have the capacity to store or to dial numbers with random or sequential number generators), Congress may amend the statute to bring that requirement back, and consent from those whom you are texting or calling is still advisable. In addition, the National Do Not Call Registry and more restrictive state laws continue to be fertile grounds for regulator
How to Stop People from Randomly Calling You gisuser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gisuser.com Daily Mail and Mail on Sunday newspapers.
On Thursday, the U.S. Supreme Court issued its long-awaited decision in Facebook, Inc. v. Duguid, which significantly restricts the scope of the Telephone Consumer Protection Act.