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  • National City Bank Gone But Not Forgotten by Aggrieved Mortgage Holders
    Apr-7-11 Alexandria, VA: It's a bit complicated, but what National City Bank did in 2008 at the height of the banking crisis had disastrous consequences for hundreds of mortgage holders. A recently filed national class action alleges that National City Bank , which later became part of PNC Bank though the taxpayer funded Emergency Economic Stabilization Ac...
  • Regional Banks Investigated for Overdraft Fees
    Aug-6-10 Washington, DC When it comes to charging excessive overdraft fees , not just the big banks are under fire. Law firms are investigating some smaller, regional banks for allegedly charging excessive bank overdraft fees. Although many people believe the big banks are making massive profits off bank overdraft fees, attorneys allege smaller banks also made...
  • Guardian Life Insurance Denied Disability Lawsuit News
    Lawsuits filed against Guardian Life Insurance Company of America by its policyholders claim the insurer has wrongfully denied disability benefits by practicing bad faith insurance. If you had an insurance claim denied and think Guardian Life Insurance and their affiliated company, Berkshire Life Insurance Company of America, has conducted health insurance f...
  • Force-Placed Insurance Lawsuits Forcing Industry to Rethink Practices
    Feb-26-15 New York, NY As some force-placed insurance lawsuits move closer to resolution, more companies are announcing that they are stopping force-placed insurance practices. Meanwhile, federal regulators have also considered implementing new rulings to curb unethical practices used by some companies in the industry. Force-placed insurance, sometimes called...
  • Ninth Circuit Upholds Flight Attendants’ Claims for Overtime, Rest and Meal Breaks
    Mar-17-21 San Francisco, CA On February 23, the Ninth Circuit largely upheld a District Court grant of summary judgment to flight attendants in their class action lawsuit against Virgin America. Bernstein v. Virgin America Inc. alleged that the airline had failed to pay minimum wage and overtime and permit meal and rest breaks, as required by California labor l...
  • Federal Court Sends Excessive Overdraft Fees Plaintiffs to Arbitration
    Jun-9-20 Chicago, IL On May 18, the District Court for the Northern District of Illinois ruled that two of the three named plaintiffs in Page v. Alliant Credit Union could pursue their claims only through arbitration. This ends their participation in a class action bank overdraft fees lawsuit . The lawsuit alleges that Alliant charged insufficient funds fees e...
  • The New Real Estate Scam: The Hijacked Home
    Jul-23-08 Vallejo, CA You just knew it had to happen—somebody was going to figure out a way of cashing in on the housing foreclosure crisis and scoring with a real estate scam . And no, we're not talking about the real estate agents who cash in by renting buses and taking investors around, looking for prospects on the Hard Luck Express. There isn't even a seminar...
  • Philadelphia Federal Credit Union Accused of “Gouging” Consumers with Multiple NSF Fees
    Nov-11-19 Philadelphia, PA  “Gouging” is often implied, but rarely actually said excessive overdraft fee lawsuits . But there it is, in the class action lawsuit’s description  of Philadelphia Federal Credit Union’s practice of charging multiple $28 insufficient fee charges for the same transaction and PFCU’s legal duty not t...
  • Officials Propose Bill to Stop Overdraft Fees
    Oct-24-09 Montgomery, AL The news probably could not come soon enough for people who have been victimized by excessive bank overdraft fees. Senators are considering a bill that would put limits on bank overdraft fees, preventing the banks from making money off excessive bank fees. The issue is that consumers say they have been forced into overdraft protection...
  • Texas Billionaire Roped in Mexican Clients
    Jul-10-09 San Antonio, TX: Hundreds of people in Mexico and Latin America are suing UK insurance broker Willis Group International, alleging it knowingly provided them with false information about the stability of Stanford Financial Bank (SFI). According to the documents filed on behalf of investors from Mexico and Latin America, the UK insurance company engaged wit...
  • LawyersandSettlements.com Reports 70 Percent Spike in Mortgage Claims
    Oct-13-12 Santa Cruz, CA (Press Release) While the aftermath of the sub-prime mortgage crisis has seen a number of large U.S. banks defending themselves against charges of misconduct, new data reported by LawyersandSettlements.com indicates consumers are still being impacted by the crisis. Mortgage-related complaints submitted to the legal news website have continue...
  • California Overtime Lawsuit News and Legal Information
    Does your employer owe you for unpaid overtime? California law provides protections for employees, with stiff penalties for wage and hour violations. If you believe that your employer has violated the California labor code, you have every right to file an overtime lawsuit. As a general rule, employers must pay an overtime premium of one...
  • California Overtime FAQ
    What is overtime? Generally, unless you are properly classified as exempt, any time that is worked past 8 hours in one shift, over 40 hours in one work week, or working 6 days in one work week is considered overtime work . This time is to be paid at the overtime rate. Hours worked in excess of 8 in one day are paid at time and a half. Hours work...
  • Trustmark National Bank Latest Defendant in Excessive Overdraft Fees Lawsuit
    Dec-21-18 Jackson, MS In the waning days of December 2018, Cryesha McDonald and Chantal Lewis filed an excessive overdraft fees lawsuit in the U.S. District Court for the Southern District of Mississippi. The lawsuit alleges that Trustmark National Bank assessed overdraft fees in violation of its contractual agreements with customers. Like similar lawsuits brought...
  • American State Bank $225,000 settlement reached in hiring discrimination lawsuit.
    Lubbock, TX: (May-24-08) The Department of Labor brought a lawsuit against the American State Bank, alleging that it engaged in hiring discrimination against minority applicants during a specific two year period. The suit was filed after the Office of Federal Contract Compliance Programs (OFCCP), investigated the bank's hiring practices that revealed the...
  • Peanut Corporation of America Salmonella Recall
    Since the beginning of the peanut salmonella outbreak last September 2008, more than 714 people have become ill from food poisoning due to Salmonella Typhimurium and it has contributed to at least 9 deaths. The illnesses have been traced back to the Peanut Corporation of America (PCA) processing plants in Blakely, GA and Plainview, TX, which have si...
  • Wachovia to pay up to $125 million settlement in check cashing lawsuit.
    Charlotte, NC: (Apr-25-08) A series of lawsuits were brought against Wachovia Corp., a Charlotte bank, by customers who claimed that they were harmed by the bank's relationship with some telemarketers and payment processors. The complaints filed with the Office of the Comptroller of the Currency, the bank's regulator, resulted in an 18-month federal inve...
  • Bank of America Takes a Hit in Mortgage Lawsuit
    Jan-5-11 Auburn, NY Bank of America recently lost a major ruling in its mortgage lawsuit that will make it more difficult for the bank to defend itself, the Washington Post reports. Initially, Bank of America had attempted to require that files for each of the 368,000 disputed loans be evaluated individually by the plaintiff, MBIA Insurance. That process w...
  • Wells Fargo to Pay $97M to Commissioned Brokers for Rest Breaks
    May-21-18 Los Angeles, CA: A Wells Fargo mortgage broker last year filed a wage and hour lawsuit alleging the bank failed to provide rest breaks, among other violations. The bank said it owed employees $25 million, but last week a federal judge agreed with its bankers and consultants: the money they were entitled to for unpaid rest breaks should be based on their...
  • Centennial Bank Holdings Inc. Financial Adviser Investor Scheme Settlement
    Denver, CO: (Aug-08-07) Former clients of jailed financial adviser Will Hoover brought a lawsuit against Centennial Bank Holdings Inc., over a subsidiary, Guaranty Bank & Trust Co., which Centennial Bank acquired in 2004. The suit, filed by more than 40 of Hoover's victims, alleged that Guaranty Bank and its former chairman helped Hoover conduct and prolon...
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