April 25, 2018 10:12 AM ET

Commercial Services and Supplies

Company Overview of I.C. System, Inc.

Company Overview

I.C. System, Inc., doing business as Adams, Cooper and Mark, provides accounts receivable management solutions for large and small businesses, and professional associations in the United States. It offers online client tools, first party call center solutions, third party warehouse debt collections, fixed fee collections, and contingency collections. The company serves communications, healthcare, retail, utilities, financial services, government, education, and commercial/B2B clients. I.C. System, Inc. was founded in 1938 and is based in St. Paul, Minnesota with branch offices in Fargo, North Dakota; and La Crosse, Wisconsin.

444 Highway 96 East

P.O. Box 64378

St. Paul, MN 55127-2557

United States

Founded in 1938

Phone:

651-481-6333

Fax:

800-649-9713

Key Executives for I.C. System, Inc.

Chairman and Chief Executive Officer
Chief Financial Officer
Vice President of Human Resources
Vice President of Business Development
Compensation as of Fiscal Year 2017.

I.C. System, Inc. Key Developments

Judge Rosalynn Silver Approves Class Action Settlement in the Case Michael Reid V. IC System Inc

On March 24, 2017, Judge Rosalynn Silver preliminarily approved a Class Action settlement in the case Michael Reid v. IC System Inc., 12-CV-2661-ROS. I.C. System Inc. (Defendant). Plaintiff filed lawsuit against Defendant alleging that Defendant placed calls to his cellular telephone contrary to federal law. Defendant denies all allegations of wrongdoing and has asserted many defenses. The settlement is not an admission of wrongdoing. All persons within the Class Period (December 14, 2008 to November 9, 2017) who were called on a cellular telephone by Defendant, using an Automatic Telephone Dialing System, with or without a prerecorded or artificial voice message, whose cellular telephone number was associated with a cellular telephone number in Defendant's business records coded as a wrong number telephone call, regardless if there was a call before or after the wrong number code was entered in Defendant's business records, are members of the Class. All claims must be submitted no later than May 25, 2018.

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Recent Private Companies Transactions

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