IS THIS THE END?: Federal Savings Bank Hit With Another TCPA Class Action–And How Much More Can It Take?

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Not long about I wrote about how a call to a guy named “Needle Dee” resulted in a potential $3.3 billion dollar exposure against the Federal Savings Bank.

NEEDLE DEE: Major Bank Faces $3.3BB in TCPA Damages in Certified Class Action After Marketer Calls Bad Lead

FSB had bought a lead from a lead generator who called a fake name and a wrong number– the call was transferred to FSB, and now it faces enormous exposure.

But the TCPA gods aren’t done with it just yet.

In a new suit filed last Thursday a consumer named James Almond contends FSB bombarded him with SMS messages without his consent. This is true despite his alleged requests that the messages stop.

Almond has filed a TCPA class action against FSB in the E.D. Cal and if the allegations are true FSB has another massive TCPA headache on its hands.

You can read the complaint here:

Can’t emphasize enough how important TCPA compliance is folks. Must honor stops. Must be smart about lead gen.

If you need help with TCPA compliance be sure to retain Troutman Amin, LLP ASAP! Our rates rise Jan 1,2026!

THE FIRST $6K AN HOUR ATTORNEY?: Troutman Amin, LLP Rates Set to Rise January 1, 2026– Get In Now!

Chat soon.

 

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Published by Eric "Czar" Troutman

The Czar of TCPAWorld Eric Troutman is one of the country’s prominent class action defense lawyers and is nationally recognized in Telephone Consumer Protection Act (TCPA) litigation and compliance. He has served as lead defense counsel in more than 70 national TCPA class actions and has litigated nearly a thousand individual TCPA cases in his role as national strategic litigation counsel for major banks and finance companies. He also helps industry participants build TCPA-compliant processes, policies, and systems. Eric has built a national litigation practice based upon deep experience, rigorous analysis and extraordinary responsiveness. Eric and his team feel equally at home litigating multibillion dollar telecommunications class actions in federal court as they do developing and executing national litigation strategies for institutions facing an onslaught of individual TCPA matters. They thrive in each of these roles – delivering consistently excellent results – while never losing sight of the client experience. While many firms now tout TCPA expertise, Eric has been there from the beginning. He built one of the country’s first TCPA-only defense teams and began serving as national TCPA counsel for his clients nearly a decade ago. This perspective allows him to swiftly develop the right litigation strategies for dealing with recurring problems, without wasting time on tactics that are bound to fail. Eric’s rich historical perspective and encyclopedic knowledge of the TCPA landscape also make him an invaluable resource to institutional compliance teams struggling to comply with the shifting regulatory landscape. No task is too small – or too big. Indeed, Eric and his team have helped build TCPA-compliant systems and processes for some of the largest and most complex corporate entities in the country. He commonly works with in-house compliance counsel to build and implement enterprise and business-line specific TCPA solutions, performs TCPA audits and drafts and reviews proposed TCPA policies and procedures. He and his team also have the technical expertise necessary to assist call centers seeking to develop TCPA-resistant call path architecture or to modify existing telephony and software integration to better insulate from potential TCPA exposure. Eric has built a reputation for thought leadership. An avid blogger and speaker, he has been at the forefront of the industry’s effort to push for clarity and a return to sanity for the TCPA for years. He was selected to advocate for the financial services industry on important TCPA issues before the Federal Communications Commission and co-authored the nation’s only comprehensive practice guide on TCPA defense. In his spare time, Eric leads defense teams representing banks and other financial services companies in consumer finance litigation matters. He has experience representing clients in UCC, TILA, RESPA FCRA, CCRA, CLRA, FDCPA, RFDCPA and FCCPA claims, as well as in fraud and bank operations issues.

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