Did Not Make/Receive Proper Disclosures
Elon Property Management Credit Reporting Fee Settlement
Elon Property Management Company – Lexford Pools 1/3 LLC and Elon Property Management LLC are putting up half a million dollars to partially settle a class action alleging they did not comply with the disclosure requirements of the federal Credit Repair Organizations Act (CROA) in running a credit building program with tenants of their residential Read more
UKG Collection of Biometrics IL Settlement
UKG, Inc., formerly known as the Ultimate Software Group, Inc., is settling an Illinois class action alleging it violated the state’s Biometric Information Privacy Act (BIPA) by collection, storing, or using finger scans or facial geometry scans in Illinois without providing the disclosures or getting the consent required by BIPA. Read more
California Coast Credit Union Disclosures for Overdraft Program Class Action
This class action takes aim at California Coast Credit Union (CCCU) for the disclosures it provides to customers before they agree to its overdraft program. The complaint alleges that CCCU violates Regulation E because it does not disclose that the credit union uses the “available balance” of the customer account to determine whether it is Read more
JPMorgan Chase Balance Used to Determine Overdrafts Reg E Class Action
Before a financial institution can charge customers overdraft fees on one-time debit card and ATM transactions, it must fulfill the requirements of Regulation E. The complaint for this class action alleges that JPMorgan Chase Bank, NA and JPMorgan Chase & Co. do not fulfill these requirements because their disclosures do not make clear which account Read more
Westgate Timeshares Pressure Tactics and Overselling Class Action
This class action takes issue with methods used in the sale of timeshares, by Westgate Resorts, Ltd. and ten other Westgate companies, and two Central Florida Investments companies. The complaint alleges that the companies use a “high pressure scheme” to make sales, without disclosing to customers all legally-required information, and without providing sufficient access to Read more
Genworth Life Long-Term Care Insurance Policies Settlement
Genworth Life Insurance Company (GLIC) and Genworth Life Insurance Company of New York (GLICNY) are settling a class action alleging it withheld material information from policyholders about the full scope and magnitude of its rate increase plans and its need for future policyholders to pay rate increases in order for it to pay future claims. Read more
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
