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Lugo v. Southwood Financial, LLC

M.D. Fla. · No. 8:26-cv-02732

Full docket on CourtListener ↗

No federal docket timeline hydrated for this case yet (state-court settlements have no RECAP docket).

Our records for this case (1)

MatterTypePractice areaCourtDateValue
Southwood Financial, LLCsource ↗
filed by Debt Shield Law · Judge Thomas Patrick Barber · No. 8:26-cv-02732 · 15:1692 Fair Debt Collection Act · view case timeline →
Comparable settlements $2.25M–$100M ▾
Furnisher-based FCRA claims were largely dismissed for lack of private right of action in Minano v. DLJ Mortgage Capital, mirroring likely claims against Southwood; but Askins v. CRST shows bare disclosure violations can survive standing challenges, and Wright v. Portfolio Recovery shows debt-buyer defendants can lose on documentation/attachment grounds.
Comparable settlements $2.25M–$100M median $3.25M · n=10
Equifax $100M · TransUnion $8.31M · Trader Joe's $7.40M
Per member (realized): ~$102 median · $25–$500 (n=3)
Comparable verdict: TransUnion $60M · TransUnion, LLC $40M
Key precedent: Minano v. DLJ Mortgage Capital Inc. — dismissed multiple FCRA furnisher claims (§1681i(a)(5), §1681c-2, §1681s-2(a)(8)) for lacking private right of action, a likely defense here.
Main risk: No private right of action for several FCRA furnisher provisions, as in Minano, could gut core claims before reaching damages phase.
Rough EV model (wide — class size is the big unknown, not a prediction): $2K–$1.25M
Defendant identity is ambiguous across web signals (multiple similarly named entities), making class size and true settlement capacity highly speculative. · grounded in 10 rulings, 10 settlements, 2 verdicts
FilingConsumer Credit (FCRA/FDCPA)M.D. Fla.2026-09-18$2.25M–$100M
comparable settlements