People identified in The Money Source's records as having received artificial or prerecorded cellular calls after asking the company to stop do not need to file a claim for a proposed $1.5 million settlement. Those who stay in the class will be sent automatic pro-rata payments based on their qualifying call counts.
The lawsuit alleges violations of the Telephone Consumer Protection Act, or TCPA. The Money Source denies the allegations and says it acted in good faith to comply with the law. Class members who want to opt out or object must act by October 7, 2026.
Eligibility depends on the company's call records
The settlement class covers people in the United States or its territories who received an artificial or prerecorded voice call from The Money Source on a cellular number after asking the company to stop such calls. The qualifying calls must appear in the company's records and fall between February 6, 2019, and May 7, 2025.
The Money Source and its employees or agents, members of the judiciary, and people who timely opt out are excluded. Receiving mailed or emailed notice means the company's records indicate possible class membership, but the notice cautions that it does not by itself guarantee compensation.
The records requirement also matters to the payment: the administrator will use the recorded number of qualifying calls rather than asking recipients to prove each call through a claim form.
No claim form is required
Identified class members who do not exclude themselves will receive a payment automatically if their membership is confirmed. There is no claim deadline because there is no claims process for the ordinary cash benefit.
Doing nothing therefore has the opposite consequence from many class settlements: it keeps an eligible person in the class, preserves the automatic payment and binds that person to the settlement release. Someone who wants to preserve the right to pursue the released calling claims separately must submit a valid opt-out request instead.
Class members should make sure the administrator has their current contact information. The official settlement website will carry progress updates while the court reviews the agreement and any appeals.
Payment size depends on qualifying call counts
The $1.5 million fund will cover class payments, notice and administration, court-approved legal fees and expenses, and any approved incentive award. The money remaining for class members will be distributed proportionally.
An individual's share will be based on the number of artificial or prerecorded voice calls recorded after that person asked The Money Source to stop. The notice does not promise a fixed amount per call or a maximum individual award. Final payments will depend on the total call counts and court-approved deductions.
Class counsel plans to request fees of up to one-third of the fund and litigation costs of up to $17,000. The court, not the parties, will decide what amounts to approve.
Larger payments can trigger tax paperwork
The notice says settlement payments may be subject to IRS reporting. Class members may be asked to provide a taxpayer identification number using Form W-9.
For someone entitled to more than $2,000, failing to provide requested taxpayer information can result in backup withholding at the IRS-prescribed rate. The notice lists the current rate as 24%. Any amount withheld will be reported and may be claimed as a credit or refund where applicable on a federal tax return.
That is not a second eligibility requirement, but it can materially affect how much of a larger award is delivered. The notice encourages recipients with tax questions to consult a tax adviser.
October 7 is the legal-choice deadline
Opt-out requests must be mailed and postmarked by October 7, 2026. The notice requires the request to identify the case, the class member and relevant cellular numbers, clearly request exclusion, and carry the class member's signature. A person who opts out receives no settlement payment.
Objections are also due October 7. Objecting keeps a person in the class and does not prevent an automatic payment, while opting out removes the person from the class and from the settlement benefits.
The final approval hearing is scheduled for November 16, 2026, at 2 p.m. Arizona time in federal court in Phoenix. The date may change, so class members should check the official website before relying on the printed schedule.
The TCPA allegations remain disputed
Plaintiff Natasha Hiller alleged that The Money Source placed artificial or prerecorded cellular calls after recipients had asked the company to stop. The complaint asserts that those calls violated the TCPA.
The Money Source denies that the calls were unlawful, denies liability and maintains that it acted in good faith. The court has not ruled on the merits. The proposed settlement is a compromise that would resolve the covered claims without a trial or admission of wrongdoing.