Did Not Make/Receive Proper Disclosures
Del-One Federal Credit Union Unclear Overdraft Disclosures Class Action
This class action brings suit against Del-One Federal Credit Union, alleging that Del-One does not fulfill the requirements of Federal Reserve Regulation E before it begins charging customers overdraft fees. The complaint claims that its disclosures offer “ambiguous and inaccurate language” as to when customers are charged overdraft fees and is therefore not compliant with Read more
Wescom Central Credit Union Disclosures for Overdraft Program California Class Action
Federal Reserve Regulation E (Reg E) aims to ensure that banking customers are not enrolled in overdraft programs without their knowledge and that they are fully aware of their consent to enter one. But the complaint for this class action alleges that Wescom Central Credit Union violates Reg E requirements and also California’s Unfair Competition Read more
Greystar Prospective Tenant Screening Fees Settlement
Three Greystar companies (Greystar Real Estate Partners, LLC, Greystar Management Services, LP, and Greystar RS West, LLC) are settling a class action that alleged, among other things, that the companies charged tenant screening fees without first giving prospective tenants the required disclosures, thus violating Washington state law. Read more
Desert Financial Credit Union Terms for One-Time Overdrafts Class Action
Regulation E sets forth the terms a bank or credit union must meet before it can charge customers overdraft fees for one-time transactions. Desert Financial Credit Union (DFCU) has not met the requirements, claims the complaint for this class action, alleging that DFCU’s disclosure and agreement provides “ambiguous and misleading language that misrepresents the circumstances Read more
Citibank Reclassification of PayPal, Venmo Purchases Class Action
The problem addressed in this class action has arisen from the use of mobile electronic payment (MEP) apps, like Venmo, PayPal, and Cash App to pay for purchases: How should these be classified by the linked banks and credit cards, and why does this matter? The complaint brings suit against Citibank, NA, alleging that the Read more
Genworth Long-Term Care Insurance Omissions on Rate Increases Class Action
Long-term care (LTC) insurance is expensive. When choosing which plan to buy, consumers must choose a policy that will be affordable over many years, until the time it is needed. This class action centers on price rises for LTC policies from Genworth Life Insurance Company and Genworth Life Insurance Company of New York. It does Read more
BBVA USA Overdraft Disclosures Violate Reg E California Class Action
The Federal Reserve has set forth Regulation E, which requires that banks and other institutions must make certain disclosures in a stand-alone document and obtain the consent of the consumer before they charge that consumer overdraft fees on one-time debit and ATM transactions. The complaint for this transaction alleges that BBVA USA violates Reg E Read more
Cabrillo Credit Union Overdraft Disclosures Violate Reg E California Class Action
Federal Reserve Regulation E requires that banks and other institutions must make certain disclosures and obtain agreement of the consumer before they can charge that consumer overdraft fees on one-time debit and ATM transactions that are not recurring. The complaint for this transaction alleges that Cabrillo Credit Union violates Reg E with its disclosures for Read more
Synchrony Bank Interest Rate Omission on Statement Class Action
The Truth in Lending Act (TILA) requires that lenders provide complete and accurate information about things like interest rates. The complaint for this class action, however, alleges that Synchrony Bank provided “disclosures with inaccuracies or omissions that violated” TILA in connection with its credit card accounts. Read more
My Business Venture Violation of Franchise Laws Class Action
Federal and sometimes state laws exist that govern the process of franchising. The franchises offered by My Business Venture (MBV) include a “digital storefront,” website hosting, access to products to sell, plus the shipping of the products to customers. However, if the franchisor does not provide disclosures about the realities of the business, the franchisee Read more