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LM Funding Receives Favorable Ruling in Lawsuit Allowing Homeowners Associations to Continue to Collect What They Are Owed

TAMPA, Fla., Feb. 27, 2017 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA), a specialty finance company offering unique funding solutions to community associations, received a favorable ruling from a Federal District Court judge in Florida regarding a proposed class action lawsuit filed by Wilmington Savings Fund Society, FSB (Wilmington).

This is a victory for not only LM Funding, but homeowners associations and responsible home and condominium owners throughout Florida.

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