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prima:The Joint Subscription Association will pay $35.2 million to settle lawsuit against it

The settlement represents one of the highest settlements ever recorded in a class action lawsuit in Puerto Rico, according to a plaintiffs’ attorney

July 21, 2024 - 2:00 PM

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This content was published more than 4 months ago.
Some 227,081 claims qualify for reimbursement, the class action lawsuit for which was filed in August 2017. (Shutterstock)

The Association for Joint Underwriting (ASC) has reached an out-of-court settlement in which it agrees to pay $35.2 million to the more than 225,000 claimants who filed a class action lawsuit against it seven years ago.

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