The following is a news release from the Louisiana Attorney General's Office.
Baton Rouge, LA —The Louisiana Attorney General's Office has obtained injunctions from the Nineteenth Judicial District Court against debt collection companies and their operators. The Attorney General's Office contends that these companies and their operators have misappropriated hundreds of thousands of dollars by collecting debts from their clients' customers, but failing and refusing to remit their clients' shares of the payments to them.
On December 22, 2009, State District Judge Mike Caldwell issued an order enjoining the Baton Rouge collection agency, Bush & Kennedy, Inc., from doing business. The order also prevents Bush & Kennedy, Inc. owner, William S. Ferguson II, and former Bush & Kennedy Inc. manager and chief financial officer, Quay W. Parrott Jr., from conducting business together.
On January 7, 2010, the Attorney General's Office obtained an injunction against Mr. Ferguson which prevents him from the use of unfair and deceptive acts and practices at his current place of business, the collection agency Franklin, Grant & Associates, Inc. in Metairie. A similar injunction was also obtained against Mr. Parrott which prohibits him from conducting any new business at his recent place of business, the collection agency Halsey & Associates, LLC, also in Metairie.