FAQs
You may have had an equipment finance lease with Leasing Expenses Co. or NLS-EF. This Notice is to inform you that you may be eligible for a restitution payment and must file a Claim Form by June 2, 2026.
The Court in charge of the case is the Supreme Court of the State of New York, New York County, and the case is known as People v. Leasing Expenses Co. LLC, No. 452357/2020. Judge Arthur F. Engoron is overseeing this case.
Copies of important documents, including the Amended Verified Petition, Decision and Order on Motion, the Notice, and the Claim Form, are available on this website and additional information can be found on the New York State Attorney General website at https://ag.ny.gov/resources/individuals/consumer-issues/northern-leasing-systems-lawsuit#customers.
The Notice is to inform you that you may be eligible for a restitution payment if Leasing Expenses Co. or NLS-EF entered into a lease with you and/or collected money from you or your business to pay a lease.
On April 11, 2016, the New York State Attorney General filed a lawsuit against Northern Leasing and related companies and individuals. In this lawsuit, the Attorney General proved that Northern Leasing used fraud and other deceptive practices to trap small business owners and employees across the country into lease agreements for over-priced credit card processing equipment.
On June 8, 2020, the Court issued an order rescinding (or canceling) these leases and ordered Northern Leasing to pay restitution to the lessees and guarantors on the leases. The Court also ordered Northern Leasing and the related companies and individuals to stop collecting payments on these leases and barred them from starting any new leases or selling their previous leases to anyone else. You may have already seen a previous notice about or submitted a Claim Form in the Northern Leasing lawsuit.
On November 23, 2020, the New York State Attorney General filed a separate but related lawsuit against Leasing Expenses Co. and NLS-EF, which are affiliated with Northern Leasing, as well as against additional affiliated companies and individuals. In this lawsuit, the Attorney General proved that Leasing Expenses Co. and NLS-EF were collecting on the same leases that the Court had cancelled in the previous case against Northern Leasing, and that Leasing Expenses Co. and NLS-EF were continuing the same fraud and deceptive practices the Court had ordered Northern Leasing to stop. The Attorney General also proved that Leasing Expenses Co. and NLS-EF victimized many of the same business owners Northern Leasing had victimized, as well as targeted new businesses.
In decisions dated February 26, 2021 and March 16, 2021, the Court ordered Leasing Expenses Co. and NLS-EF to stop these practices and to return all the money collected on their illegal leases as restitution.
The Notice was issued to inform victims of the fraudulent scheme conducted by Leasing Expenses Co. and NLS-EF that they may be able to claim a restitution payment to compensate them for lease payments made on leases they signed with Leasing Expenses Co. or NLS-EF. Claim Forms must be submitted by June 2, 2026.
You may be eligible to get a restitution payment if Leasing Expenses Co. or NLS-EF entered into a lease with you or your business and/or collected money from you or your business to pay a lease
To apply for a restitution payment, you must file your claim online and/or mail in (postmarked) your Claim Form by June 2, 2026.
You must complete and submit a Claim Form to be eligible to receive a restitution payment. Please complete and return the Claim Form that was mailed to you (postmarked by) or submit a claim on this website by June 2, 2026.
Leasing Expenses Co. Restitution
c/o A.B. Data, Ltd.
P.O. Box 173037
Milwaukee, WI 53217
Claim Forms must be submitted online or postmarked by the Claims Bar Date, June 2, 2026.
Yes. You need to submit a Claim Form to apply for a restitution payment in the Leasing Expenses Co. and NLS-EF lawsuit, even if you submitted a Claim Form in the separate Northern Leasing lawsuit.
Your restitution payment will depend on the amount of money you paid or that was collected from you based on available records.
No. If you do not timely submit a Claim Form by June 2, 2026, you will not get (and will be barred from receiving) a restitution payment from the Leasing Expenses Co. and NLS-EF lawsuit.
More details and important documents, such as the Amended Verified Petition, Decision and Order on Motion, this Notice, and the Claim Form, are available on this website under the Notice and Court Documents page. You can also call 1-866-302-9947 (toll-free) or email info@LEC-Restitution.com to get updates and answers to common questions. Please check this website frequently for updates.