Citibank to Pay $29.5 Million in Unwanted Robocalls Settlement

Citibank NA agreed to pay $29.5 million to settle a class action alleging it made debt-collection robocalls in violation of the Telephone Consumer Protection Act, under a deal given initial approval by a federal court.

Members of a class of consumers who received calls from Citibank to wrong or reassigned cellular telephone numbers would receive between $350 and $850 each under the deal, an “outstanding result for class members,” according to the plaintiffs’ motion for preliminary settlement approval.

Judge Roslyn O. Silver of the US District Court for the District of Arizona granted the plaintiffs’ motion Aug. 7, and scheduled ...