Legal Claim Against Genus

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    In The AmerIcAn ArbITrATIon AssocIATIon

    Laverne Jnes, Stacey Ness And Kerry Ness, Claimants

    v.

    Genus Credit Management Crpratin, et al.,Respondents.Case N.: 11 181 00295 05

    LeGAL noTIce oF PenDencY oF cLAss ArbITrATIon

    YourrIGhTs mAYbe AFFecTeD bYhow You resPonD orFAIL To resPonD To ThIs noTIce.

    IFYou enroLLeD In A DebT mAnAGemenT PLAn wITh Genus creDIT mAnAGemenT, You

    mAYbe A memberoFA cLAss AcTIon PenDInG In The AmerIcAn ArbITrATIon AssocIATIon.

    AnArbitrAtorhAsApprovedthisnotice. thisisnotA solicitAtionfromA lAwyer.

    This Notice Is Not An Expression O Any Opinion As To The Merits O Any Claim Or Deense Asserted In The Arbitration

    whAT Is The cAse AbouT?

    Claimants Laverne Jones, Stacey Ness and Kerry Ness led an arbitration action against Respondents Genus Credit Managment Corp. (Genus), North Seattle Community College Foundation (NSCCF), American Financial Solutions (AFS), InCharg

    Institute o America, Inc., Amerix Corporation, 3C Inc., FreedomPoint Corp., FreedomPoint Financial Corp., Ascend OnCorp. and Bernaldo Dancel. The Complaint alleges that Respondents were directly or indirectly participating in debt ma

    agement and/or credit counseling operations or were aliated with companies who did so engage, and alleges violationo consumer protection laws based on allegedly alse and misleading statements about Debt Management Plans or Programs (DMPs) created, advertised, administered or serviced by any o the Respondents, including the DMP benets an

    claims that DMPs improve credit, credit ratings, credit histories or credit scores without providing required disclosureThe arbitration seeks monetary and injunctive relie. Respondents believe that they acted lawully at all times, deny tha

    they violated any laws or did anything wrong and contend that they are not liable to Claimants or the Class.

    The name o the Arbitrator is Donald H. Green, Esq., an attorney employed at the law rm o Pepper Hamilton LLP.

    whYDID I GeT ThIs noTIce?

    This Notice is to advise you that a Class has been certied as to all o the above named Respondents. The Arbitrator ha

    directed that you receive this Notice because you are a member o the Class dened below.

    who Is In The cLAss?On May 7, 2009, the Arbitrator certied a class o persons with claims under the Credit Repair Organizations Act, thRacketeer Infuenced and Corrupt Organizations Act, and the Maryland Consumer Protection Act. The Class is dene

    as ollows:

    All persons in the United States and its territories who, within the time allowed under the statutes o limitation

    relevant to the claims certied above, enrolled in a Debt Management Plan or similar program created, adver-tised, administered or serviced by Respondents or any o them, or any entity sharing common ownership with

    any Respondent, provided those persons have entered into contracts with arbitration provisions similar to orthe same as those entered into by the named class representatives.

    Some o the Respondents appealed the Arbitrators decision to certiy the above class and have requested a ederal couto exclude rom this arbitration claims under the Maryland Consumer Protection Act. Depending on how the ederal cou

    decides the issue, your rights under that claim may be aected.

    who rePresenTs The cLAss?

    The Arbitrator designated the rms o G. Oliver Koppell & Associates, Whalen & Tusa, P.C., and Jack Sando, Esq. (collectively Class Counsel) to represent the Class. You will not be charged by Class Counsel. The Arbitrator may award ClasCounsel a ee rom a uture nancial recovery payable to the Class.

    whAT Are mYLeGAL oPTIons AnD rIGhTs?

    1. T D Nthing. I you want to remain in the Class, you do not need to do anything at this time.I you do nothing, yowill continue to be a member o the Class or the claims being prosecuted against all Respondents, except that claimagainst NSCCF/AFS will be dismissed and released i the Settlement discussed below is approved. You will be bound b

    the result o the arbitration, whether the result is avorable or unavorable. Any judgment in this arbitration will appto you and your rights may be aected.

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    2. TStay In Arbitratin, But Nt Be Represented By Class Cunsel. You can elect to be part o this arbitration, but nobe represented by Class Counsel, and instead, either represent yoursel or have your own lawyer represent you. I yo

    choose this option, you will need to armatively enter an appearance in the arbitration and you will be responsible opaying your own lawyers ees and costs.

    3. T Exclude Yurself Frm This Arbitratin. You have the option to exclude yoursel rom this arbitration. I you excludyoursel rom the arbitration, (a) you will not be bound by the result o this arbitration against any Respondent, (b) yo

    will not be eligible to participate in uture settlements or judgments, and (c) you will retain any claims you may havagainst all Respondents, regardless o the outcome o this arbitration.

    To request exclusion, you must send a letter requesting to be excluded rom the Entire Arbitration to the Administr

    tor (address listed below). Requests fr exclusin must be mailed by May 19, 2010 t be valid and must include yufull name, address, and signature.

    noTIce oFseTTLemenT wITh resPonDenT nsccF/AFs

    On January 8, 2010, the Claimants on behal o the Class and Respondent NSCCF and its division AFS, entered into a settlment that, i approved by the Arbitrator, will result in the arbitration being dismissed as to only those Respondents. Tharbitration would continue as to all other Respondents. The terms o the proposed settlement are contained in a Settl

    ment Agreement, which is available at www.jonesarbitrationsettlement.com. If yu received this Ntice by e-mail r mayu are nt eligible t participate in the Settlement, because Respndents recrds sh that yu did nt d busineith NSCCF/AFS. I you believe you did do business with NSCCF/AFS, please notiy the Administrator. Even though yoare not eligible to participate in the settlement with NSCCF/AFS, you are still a member o the Class and your claims in th

    arbitration will continue against all non-settling Respondents.

    how cAn I obTAIn more InFormATIon?

    For more inormation about this arbitration you may call the Administrator toll-ree at (888) 308-4791, visit the Administr

    tors website at www.jonesarbitrationsettlement.com, visit the AAAs website at www.adr.org/sp.asp?id=29365, or contaClass Counsel. Please d nt cntact the AAA r the Arbitratr.

    whAT Is The ADmInIsTrATors mAILInG ADDress?

    Exclusion requests and other questions should be mailed to the Administrator at: Jones Arbitration Settlement, c/o StrategClaims Services, 600 N. Jackson Street, Suite 3, Media, PA 19063.

    Jones Arbitration Settlement

    c/o Strategic Claims Services

    600 N. Jackson Street, Suite 3Media, PA 19063

    FIRST CLASS MAIL

    U.S. POSTAGEPAID

    PERMIT NO. 138

    PHILADELPHIA, PA

    FIRST CLASS MAIL

    PLEASE FoRwARDIMPoRTANT LEGAL NoTICE