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First Portfolio Ventures Consumer Class Action

Last verified October 3, 2026Source: courtlistener-litigationHow ClaimWatch verifies cases

Still being litigated: the claims below are allegations, not findings, and there is no settlement, claim form or payout yet.

Where this case stands

In litigation

The case has been filed and is being fought in court. There is no settlement, no claim form and no payout yet; many class actions are dismissed or never certified.

Pending in the District Court, E.D. Pennsylvania (No. 2:24-cv-05864).

  1. October 31, 2024
    Case filed

What happened

This is a proposed class action against First Portfolio Ventures I, LLC. Based on the limited docket information, the case appears to involve personal property or debt-collection practices, though the exact allegations are not available.

Do you qualify?

No settlement exists yet, so there is nothing to file and no class definition to check. If the case settles, the settlement will define exactly who qualifies — watch this case and we'll let you know.

How to file

There is no claim to file yet. If this case reaches a settlement, a claim process will open — usually with an official settlement website and a filing deadline.

Common questions

Can I file a claim in the First Portfolio Ventures Consumer Class Action case?
No. The case is still being litigated — there is no settlement, no claim form, and no payout. It was filed October 31, 2024 in the District Court, E.D. Pennsylvania (No. 2:24-cv-05864).What a class action lawsuit is →
Who are the attorneys in the First Portfolio Ventures Consumer Class Action?
For the plaintiffs: Nicholas Elia (Levin Sedran & Berman); CHARLES E. SCHAFFER (Levin Sedran & Berman); ANDREW FERICH (Ahdoot & Wolfson, PC). For First Portfolio Ventures I, LLC: KEVIN M. BUTTERY (Pierson Ferdinand, LLP). From the public court docket.

Who's involved

Plaintiffs

  • RODERICK SMITH

Defendants

  • FINANCIAL BUSINESS AND CONSUMER SOLUTIONS, INC.
  • FIRST PORTFOLIO VENTURES I, LLC

Counsel for plaintiffs

Counsel for defendants

Other cases these firms appear in

From the public court docket, contact details as filed; not an endorsement.

Guides:What is a class action lawsuit?How class membership worksYour options as a class member

Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.

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