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Former Sprout Mortgage employees who went unpaid when the lender abruptly closed in July 2022 would each receive $2,500 from a settlement the company agreed to in federal court.

New yorkUnited statesMichael straussShea pallanteRecovco mortgage managementFormer sprout mortgageMicrosoft teamsPresident shea pallanteEastern districtSprout mortgageNew york cityCalifornia labor classFair credit reporting actInvestigative consumer reporting agencies actShutdown class