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On Monday, a federal judge gave final approval to a $410 million settlement in a class-action lawsuit to compensate customers who were charged fees one or more times as a result of the bank's ...
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
Under the finalized rule from the Consumer Financial Protection Bureau that was announced on Thursday, banks will be able to choose from three options: they may charge a flat overdraft fee of $5 ...
[15] [16] In class action, U.S. Bank Corporation entered into a $55 million settlement agreement on January 16, 2014, over the practice of reordering transactions (highest-lowest) in posting debit card transactions to customer accounts and the alleged effect the posting order had on the number of overdraft fees charged to account holders. [17]
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards.
2018 class action lawsuit. In August 2018, plaintiff Jamie Liggio sued Apple Federal Credit Union for charging excessive overdraft fees. [9] [10] ...
Sterling Financial Corporation Announces Dismissal of Class Action Lawsuits Regarding Overdraft Fees SPOKANE, Wash.--(BUSINESS WIRE)-- Sterling Financial Corporation (NAS: STSA) today announced ...
The Consumer Financial Protection Bureau finalized a rule that caps overdraft fees. Americans who are charged overdraft fees are now on track to save $225 a year Skip to main content