Yesterday Judge Thomas C. Wheeler issued a preliminary injunction in favor of the plaintiffs in the case of FMS v. USA (Department of Education, or ED). ED is now enjoined from recalling borrower accounts that are being serviced as part of the 2015 Award Term Extensions (ATEs) granted to FMS Investment Corp. (FMS), Account Control Technology, Inc. (ACT), GC Services Limited Partnership (GC Services), and Continental Service Group, Inc. (ConServe).
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