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Though the bank doesn’t admit to wrongdoing, they did settle on the $2.6 million amount, with claimants receiving between $35 and $140 depending on how many people file by the deadline at this ...
The total value of the settlement will be about $7.25 billion. [9] [10] This amount could be decreased based on the number of plaintiffs who opt-out. [11] A part of the settlement that allows merchants to charge fees to customers paying via credit card in order to recoup swipe fees took effect on January 27, 2013.
Bank of America must be used to shelling out billions to settle class-action lawsuits by now. One settlement involving the company in 2012 stipulated it reimburse shareholders $2.43 billion for ...
The lawsuit is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.
The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
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The company experienced a system issue that affected multiple products including account withdrawals, peer-to-peer payment service Venmo, online checkout and crypto. PayPal said the issue, which ...
Thousands of PayPal users are experiencing login issues Thursday morning, with many taking to social media and filing claims online to report that the finance platform’s website and app are ...