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Sort by date 1,812 pages found matching bank of america- Multistate Forced-Placed Insurance Class Action to Go Ahead
Aug-15-14 San Francisco, CA A broad Lender insurance class action that spans 40 different states was given the go-ahead earlier this summer by a US Magistrate. The now-certified class-action lawsuit alleges US Bank benefited from kickbacks by placing lenders insurance through American Security Insurance Co. (ASIC). Plaintiffs claim the insurance was also expensi... - Report: Banks Make $6 Billion Off of Fees
Jan-23-16 New York, NY: Even if you think banks make huge profits off the various fees they charge their customers - including overdraft fees - you might still be surprised to learn just how much money the banks make. According to CNNMoney and SNL Financial, the three largest banks earned more than $6 billion in 2015 just from their ATM and overdraft fees. T... - More Stores Affected in Target Data Breach; Lawsuits Investigated
Jan-19-14 New York, NY At least five stores have been hit by the same group believed to be responsible for the Target data breach that reportedly exposed the personal information of approximately 100 million consumers. According to reports, the Target information breach occurred between November 27 and December 15, 2013. During that period, encrypted PIN data an... - Arizona Payday Loans
Internet payday loans may offer quick cash for consumers, but in some states, such online payday loans are illegal. Arizona payday loans , for example, are not legal. This means that companies offering such loans— which often come with high interest rates and fees—in Arizona, even if they are offered from out-of-state via the internet, are... - Tennessee Employment Lawsuit News and Legal Information
Tennessee labor lawsuits allege violations of Tennessee employment laws including overtime pay, discrimination and harassment. Tennessee labor law sets out guidelines for overtime, meal and rest breaks and other wage & hour laws. Possible violations of Tennessee employment law include wrongful termination, retaliation and discrimination. T... - HSBC Force-Placed Insurance
HSBC Mortgage Corporation faces a lawsuit alleging abusive practices in its use of force-placed insurance . Plaintiffs in the lawsuit allege that premiums on force-placed insurance policies used by HSBC were unreasonably high and involved illegal kickbacks for unnecessarily placed policies. Several force-placed insurance lawsuits have been filed agains... - $3M Settlement Reached in FNB Overdraft Fees Class Action Lawsuit
Pittsburgh, PA: First National Bank of Pennsylvania will pay $3 million in settlement of a consumer banking class action lawsuit. The lawsuit was filed by customers of the Hermitage, Mercer County-based FNB, which is the third biggest retail bank in the Pittsburgh region. The lawsuit charged that FNB re-sequenced customers' debit card purchases fro... - $110M Settlement Approved in Chase Bank Overdraft Fees Class Action Lawsuit
New York, NY: A $110 million settlement has received final court approval, ending an overdraft fees class action lawsuit against Chase Bank. The settlement is the latest settlement to be reached in the massive class action lawsuit involving over 30 banks who are alleged to have manipulated customers transactions in such a way as to maximize overd... - Countrywide Financial Corp Sued by Attorney Generals in Illinois and California
Countrywide Set To Merge With Bank of America Countrywide Financial has been served with two lawsuits, and more may be coming, with Arizona completing an investigation into the company. Countrywide is set to merge with Bank of America following a shareholders' meeting on Thursday. On June 25, Attorney General officials in Illinois and California f... - $100M Preliminary Settlement in Chase Credit Card Class Action
New York, NY: JPMorgan Chase & Co. has reached a $100 million settlement of a credit card rate class action lawsuit in which is was accused of improperly increasing its credit card minimum payments as a means to generate higher fees. Filed in 2009, the Chase credit card lawsuit ( re: Chase Bank USA NA "Check Loan"Contract Litigation, Case No... - J.C. Flowers & Company, JPMorgan Chase, and Bank of America agree to pay Sallie Mae a $30 billion dept settlement.
New York, NY: (Jan-28-08) Sallie Mae, a student lending giant, brought a lawsuit against its onetime buyers, which include the private equity firm J.C. Flowers & Company, JPMorgan Chase, and Bank of America, over its scuttled $25 billion buyout. The company agreed to settle with its onetime buyers, in exchange for a deal to refinance about $30 billion in... - $95.7 Wells Fargo Settlement Offer in Question as Objector Raises New Issues
Oct-4-21 San Jose, CA On September 23, the U.S. District Court for the Northern District of California heard objections to a $95.7 million offer made by Wells Fargo to settle consolidated class action lawsuits brought by Wells Fargo Home Mortgage Consultants (HMCs). The lawsuits allege that the bank violated California state labor laws by failing to either p... - Bank of New York Mellon Corporation BK Securities Fraud
Company: Bank of New York Mellon Corporation Ticker Symbol: BK Class Period: Feb-21-08 to Aug-11-11 Date Filed: Dec-15-11 Lead Plaintiff Deadline: Feb-13-12 Court: --- Allegations: New York, NY: A securities class action lawsuit has been filed on behalf of its client the Louisiana Muni... - Cash America Pawn Managers Deserve Overtime, Too
Sep-25-18 Memphis, TN: Misclassifying store managers and assistant managers as exempt to avoid paying overtime is pervasive, particularly in the retail industry. Increasingly, however, employees such as managers at Cash America Pawn are understanding their rights and employers should understand that the potential consequences can be costly. Some retail employ... - $6.4 Lawsuit Filed Against JPMorgan Chase
Dec-4-10 New York, NY The largest example of stock broker fraud in US history—if not the world—is back in the news with the announcement December 2 of a $6.4 billion lawsuit against JPMorgan Chase by trustee Irving H. Picard, in his continuing quest to recover funds for clients bilked by Bernard Madoff's massive Ponzi scheme. There will likely be a... - Attorney Blasts Foreclosure Process in Florida
Nov-24-10 Jacksonville, FL Florida attorney Chip Parker says he is "appalled" by the way the fundamental rules of law are being bent, twisted and even ignored in order to ram foreclosures through the courts at lightning speed. "One day you could be the victim of an auto accident, or accused of a crime—there could be a number of reasons why you find you nee... - Bank of Hawaii Reaches Tentative $9M Settlement in Overdraft Fees Class Action
Honolulu, HW: A tentative settlement has been reached in an overdraft fees class action lawsuit brought against the Bank of Hawaii by account holders who allege the bank engaged in a systematic policy of re-ordering debit card transactions from highest dollar amount to lowest dollar amount. The suit said this practice allowed the bank to deplete the cu... - HSBC Settles Madoff Fraud Securities Suit for $62.5 Million
New York, NY: A lawsuit against HSBC Holdings PLC, has been settled with Europe's largest bank agreeing to pay $62.5 million to a private group of investors who lost money in association with a Madoff securities fraud. The investors had placed funds with Ireland-based Thema International Fund Plc, the assets of which were held with Bernard L. Madof... - Massive Securities Fraud and Ponzi Scheme Are Alleged in Florida
Aug-10-10 Hialeah, FL A massive securities fraud that has been described in terms ranging from stock investment fraud to a mushrooming Ponzi scheme has been uncovered in the Sunshine State, according to the August 9th edition of the Miami Herald . Luis Felipe Perez was indicted last week on federal charges, accused of conspiring with two others in a scheme to f... - Texas Bank Fined, Ordered to Reimburse Customers for Excessive Overdraft Fees
May-8-10 Refugio, TX The Office of Thrift Supervision (OTS) has ordered a Texas-based bank to pay restitution for excessive bank fees . Woodforest Bank, a thrift institution located in Refugio, Texas, agreed on April 23 to pay a penalty of $400,000 and refund more than $12 million to consumers who were charged excessive overdraft fees on accounts. "Overdraft...