Maree Mulvoy’s Post

BG secured approval for a $3.65 million settlement in a class action before a Pennsylvania federal district court on behalf of federal student loan borrowers charged illegal fees just for paying their monthly loan payments online or over the phone. The lawsuit against Educational Computer Systems Inc., alleges that the servicer charged federal student loan borrowers nationwide illegal “Pay-to-Pay” fees, or extra charges to process one–time monthly payments on their Perkins loans online or by phone, in violation of several federal and state consumer protection laws. Bailey Glasser’s Patricia Kipnis, partner and leader of the firm’s Consumer Litigation Practice Group, and partner James Kauffman, along with attorneys from the law firm Tycko & Zavareei LLP, are class counsel in this case. On Monday, U.S. District Court Judge Patricia A. Dodge stated on the record that she would grant the motion for final approval of the settlement and the motion for attorney fees, administrative costs, and class representative awards, with a formal order to follow. The motion for settlement included the $3.65 million payment that will refund more than 40,000 class members a pro-rata portion of the fees they paid to ECSI. Judge Dodge remarked on the record describing the settlement as “fair and equitable," and stated, “this case was administered effectively, litigated appropriately, and very well." Lead counsel Patricia Kipnis said, “We’re thrilled with this result in what we believe to be the first case against a student loan servicer asserting the legal theory that Pay-to-Pay fees are unlawful under consumer protection statutes.” You can learn more about this settlement by reading this Law360 article here: https://ow.ly/usr950Sqm9j Learn more about Patricia Kipnis here: https://ow.ly/AyeR50Sqm9e Learn more about James Kauffman here: https://ow.ly/b1FU50Sqm9a And for more information on our Pay-to-Pay services, visit: https://ow.ly/RJXh50Sqm96 #baileyglasser #classactions #paytopay #consumerprotection #illegalfees #studentloans

Today, we celebrate 64 years of excellence at Mr. Chain! 🎂 Since our founding in 1960 as M R Products, Inc., we've led the way in creating innovative plastic products, eventually pioneering solutions that secure spaces and keep people safe. Watch the video below to learn about our story, mission, and growth. 🔗 https://lnkd.in/eZJ8QHYd Thank you for being a part of our journey! 🙏 . . . #anniversary #celebrate #64years #mrproducts #mrchain .

This Thanksgiving, the Mr. Chain team is counting our blessings and expressing gratitude for the wonderful community that surrounds us. 🌟 Wishing you a relaxing long weekend filled with laughter, love, and the joy of shared moments. 🧡 Happy Thanksgiving! 🦃 . . . #grateful #family #thanksgiving #longweekend #mrchain .

Change is in the air at Mr. Chain! 🍂 We are pleased to announce a significant moment in our company's history: Ryan Schultz has assumed the role of President and CEO, marking a groundbreaking shift as the first non-family member to lead us in our remarkable 63-year journey. Ryan Schultz, a familiar face to many, embarked on his journey with us in 2010 as the Controller and IT Specialist. Over the years, he's worn many hats and most recently served as our Chief Operating Officer (COO). His dedication and leadership have shone brightly, particularly in areas such as manufacturing efficiency and project management. Holding a B.S. in Accounting from Baker College and being a Certified Management Accountant, Ryan calls Cadillac, Michigan, home with his wife, Niki. 🏡 Maree Russo Mulvoy, our beloved leader and the daughter of our founder, Michael Russo, has been at the helm since 2007. As she steps down from her role as President and CEO, Maree remains committed to our journey as Chair of the Board of Directors, playing a pivotal role in strategic planning. Dennis Stacey, with over 40 years of unwavering dedication, continues to serve as our Executive Vice President, focusing his expertise on new product development and automation. Todd Schubert, our Vice President of Sales and Marketing, passionately leads our sales team toward ambitious goals. 📈 Maree reflects on this pivotal change: "I have full confidence in our management team. I've been immensely proud of our recent progress, but I'm even more optimistic about our future. Succession planning has been in the works for years, and now is the perfect time for new leadership. Our Board shares my belief that we have the right team in place to achieve greatness. Ryan and his team have my full support, and I'll do everything I can to ensure a smooth transition." Join us in congratulating Ryan and our entire M R Products team as we look forward to a bright and prosperous future! 🚀 . . . #news #announcement #newleadership #president #mrproducts #mrchain .

Individual trustees often find themselves as an “accidental trustee,” filling a role they're not prepared for. The good news? There are options available for outside support. Here’s how to build the right team.

Exciting weekend at the racetrack! 🏁 Check out our logo in action! 🔥 . . . #NASCAR #racing #ChrisBuescher #rfkracing #watkinsglen #Fastenal #mrchain .

Ready for an exclusive backstage pass? Take a sneak peek at our logo, seamlessly gracing the sleek and powerful No. 17 Fastenal Ford Mustang in these captivating in-shop photos! 📸 The fusion of teamwork, speed, and precision is on full display – echoing the core values we share with Fastenal and NASCAR. 🔥 Hold onto your seats because we're gearing up for a race day experience like no other. Stay tuned for updates as we rev towards an unforgettable moment this Sunday, August 20th, at 3:00 p.m. ET! 🏁 Be part of history at Watkins Glen International as our logo navigates every twist and turn with style. 🏎️ . . . #NASCAR #racing #ChrisBuescher #rfkracing #watkinsglen #Fastenal #mrchain .

📅 Date: August 5th 📍 Venue: The Stoneridge Barn A huge shoutout to everyone who made the annual Mr. Chain company picnic a resounding success! 🎉 We all came together at the picturesque Stoneridge Barn in Buckley, Michigan, for an afternoon filled with camaraderie, laughter, and shared moments. A sincere thank you to Zupin's Catering and Holly at The Painted Lady Face Art for their invaluable contributions to the festivities! 🍲🎨 . . . #summer #party #celebration #companypicnic #mrchain .