LAWSUITS NEWS & LEGAL INFORMATION
Search Results for
Sort by date 1,812 pages found matching bank of america- Gig Economy Company Settles Wage Theft Lawsuit for $2.1 Million
Mar-27-24 San Francisco, CA Qwick, a gig economy online staffing company for hotel and restaurant workers, is required to pay its misclassified California workers $1.5 million in restitution and convert all workers to employees. This agreement settles a misclassification lawsuit brought by the City Attorney of San Francisco and it significantly reclassifies thousa... - UBS Lehman Brothers: What Did They Know—and When?
Feb-15-11 New York, NY More often than not, in the complex legal world, it is not what you know, but when you knew it that can get you in hot water. The withholding of important information at the worst possible time can have a devastating affect, as is alleged by investors who purchased UBS Lehman Principal Protected Notes prior to the collapse of the once-prou... - Romanian Housekeeper Sued for Estate Fraud in Texas
Feb-7-11 Houston, TX Attorney Donald Worley calls it the worst case of estate fraud he has ever encountered, and warns people to be careful about who you name as the executor of your estate. "Well, this woman stole $800,000 right out of the estate," says Worley who successfully sued the executive of the estate for $2.5 million and recovered the money for the... - Chase Wrongly Overcharged and Foreclosed on Military Mortgages
Jan-19-11 New York, NY JP Morgan Chase has admitted in a report aired by NBC News , that they have "overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan." Furthermore, the bank actually foreclosed, improperly, on the homes of several military families. A law passed in 2003 makes it illega... - Capital One to Pay $31.8M in Overdraft Fee Class Action Lawsuit Settlement
New York, NY: A $31.8 million settlement has been finalized, ending a lawsuit against Capital One Bank NA that alleged deceptive overdraft fees practices by the bank. Approved by US District Judge James Lawrence King, the settlement fund of $31.76 million represents 35 percent of the most damages plaintiffs could expect to recover at trial. The law... - $15M Settlement Reached in Higher One Fees Class Action Lawsuit
Santa Clara, CA: A $15 million settlement has been reached in a class action lawsuit against Higher One Holdings, Inc., Higher One, Inc., The Bancorp Bank, Wright Express Financial Services Corporation now known as WEX Bank, and Taylor Capital Group, Inc. ("Defendants") regarding the Fees charged and the marketing of the Higher One OneAccount. A... - Checkbook Accounts: Unum Gets a Reality Check
Sep-2-10 Washington, DC In 2008 the US First Circuit Court of Appeals ruled against Unum after three beneficiaries of an employer-sponsored plan sued the insurer when they were mailed checkbooks, arguing that their policies with Unum stated they would be paid "in one lump sum." According to the 8/6/10 edition of the Wall Street Journal Unum and plaintiffs law... - Commerce is the Latest Bank Being Sued for Excessive Overdraft Fees
Jun-11-10 St. Louis, MO Commerce Bancshares, a Kansas City-based financial institution operating simply as Commerce Bank in the state of Missouri, is being sued by one of its clients who claims the company's bank overdraft fees violate state law. The plaintiff, Harold J. Joseph Jr., has accused the banking chain of manipulating the sequence of debit card purc... - Wells Fargo Reaches $14.5M Debt Collection TCPA Class Action Settlement
Los Angeles, CA: A $14.5 million preliminary settlement has been reached in a Telephone Consumer Protection Act (TCPA) class action lawsuit brought on behalf of millions of customers who alleged Wells Fargo Bank NA called them on their cellphones to collect credit card debt. Brought by lead plaintiff Lillian Franklin, the settlement motion, if appr... - The Prepaid Debit Card Takes Advantage of the Disadvantaged
Oct-9-09 Washington, DC As if the credit card companies and banks aren't making enough already, now consumers who can least afford to pay credit card user fees are being put into an even tighter financial noose while the proprietors of prepaid debit cards, such as Green Dot Visa, are raking in the cash that to some is yet another example of credit card consumer... - Texas Sues Griddy Energy for Deceptive Advertising
Mar-12-21 Houston, TX On March 1, the State of Texas filed a lawsuit in Texas state court, alleging that Griddy Energy LLC misled energy consumers in violation of the Texas Deceptive Trade Practices—Consumer Protection Act (DTPA). In the aftermath of the massive February winter storm, Griddy customers found themselves with the astronomical electr... - Occupy Wall Street Battleground Isn't a Park - It's a Courtroom
Oct-24-11 New York, NY As the massive Occupy Wall Street movement continues to spread across the globe, many protestors, when questioned, come up short on specifics as to the actual source of their angst. A certain lawsuit? A specific case? A basket of Securities Class Action Lawsuits ? Well, yes. And no. And not really. In truth, many are simply drawn into a mov... - Bank of America Settles Securities Class Action for $2.43 Billion
New York, NY: A securities class action against Bank of America Corp (BoFA) has reached a preliminary settlement with the bank agreeing to pay $2.43 billion to end claims it was not forthcoming with financial information about Merrill Lynch & Co to the banks shareholders, prior to BoFA buying the securities house. BoFA agreed to buy Merrill Lynch in... - Cruise lines to pay $485,000 settlement in employment lawsuit.
Honolulu, HI: (May-15-08) The US Equal Employment Opportunity Commission brought charges against NCL America Inc., alleging that the company discriminated against seven crew members with Middle East backgrounds. The suit, filed on behalf of the employees, stated that the discrimination led to the plaintiffs losing their jobs aboard the cruise ship Pride... - Payless Shoesource to pay $304.6 million settlement in trademark lawsuit.
Portland, OR: (May-06-08) Adidas America Inc. brought a trademark infringement lawsuit against Payless Shoesource Inc., alleging that the company used Adidas America Inc.'s three-stripe trademark and shoe styles. In a recent development in the case, spokespersons announced that the suit had been resolved after a federal jury in Portland ordered Payless S... - $24M Synovus Bank Overdraft Fees Class Action Lawsuit Settlement Reached
Atlanta, GA: A $24 million settlement has been reached in the overdraft fees class action lawsuit pending against Synovus Financial Corp. Filed in July 2010 the lawsuit covers the period between July 10, 2004, and February 3, 2014, and alleges Synovus banks charged excessive overdraft fees on debit-card purchases or ATM cash withdrawals using debit car... - Golf Course Liquidation, Golf Trust of America set to receive $3.8 million settlement in legacy issues lawsuit
Charleston, SC: (Feb-01-08) Golf Trust of America, Inc. brought charges against Larry Young, Danny Young, Kyle Young, The Young Family Irrevocable Trust, and The Legends Group, Ltd., collectively known as GTA. Records stated that Golf Trust of America was formerly a real estate investment trust. From May 22, 2001 to November 8, 2007, the company was engage... - Financial Elder Abuse "Despicable"
Dec-28-08 Apple Valley, CA Linda F suspected for a while that her father was a victim of financial elder abuse. Unfortunately, she couldn't get her father to see what was going on. Like so many parents who are victims of financial abuse at the hands of a child, Linda's father did not want to believe his daughter, Linda's sister, could treat him so poorly. But she... - Ephren Taylor and Financial Institutions Face Financial Fraud Class Action
Fort Lauderdale, FL: A consumer fraud class action lawsuit has been filed against Ephren Taylor, a self-described "minister,"who claimed to be a "social capitalist"and the "youngest African-American CEO of a publicly traded company." The multi-count class action lawsuit was filed in Los Angeles Federal District Court on behalf of hundreds who were... - Variable Annuities Not For Everybody
Nov-9-08 Passaic, NJ If you've purchased variable annuities, you need to ask yourself whether or not you actually need them. As it turns out, not many people benefit from investing in variable annuities. In fact, according to a study conducted a few years ago by Charles Schwab, only long-term investors that are in high tax brackets and have already filled every...