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  • Romanian Housekeeper Sued for Estate Fraud in Texas
    Feb-7-11 Houston, TX Attorney Donald Worley calls it the worst case of estate fraud he has ever encountered, and warns people to be careful about who you name as the executor of your estate. "Well, this woman stole $800,000 right out of the estate," says Worley who successfully sued the executive of the estate for $2.5 million and recovered the money for the...
  • Capital One to Pay $31.8M in Overdraft Fee Class Action Lawsuit Settlement
    New York, NY: A $31.8 million settlement has been finalized, ending a lawsuit against Capital One Bank NA that alleged deceptive overdraft fees practices by the bank. Approved by US District Judge James Lawrence King, the settlement fund of $31.76 million represents 35 percent of the most damages plaintiffs could expect to recover at trial. The law...
  • Chase Wrongly Overcharged and Foreclosed on Military Mortgages
    Jan-19-11 New York, NY JP Morgan Chase has admitted in a report aired by NBC News , that they have "overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan." Furthermore, the bank actually foreclosed, improperly, on the homes of several military families. A law passed in 2003 makes it illega...
  • $15M Settlement Reached in Higher One Fees Class Action Lawsuit
    Santa Clara, CA: A $15 million settlement has been reached in a class action lawsuit against Higher One Holdings, Inc., Higher One, Inc., The Bancorp Bank, Wright Express Financial Services Corporation now known as WEX Bank, and Taylor Capital Group, Inc. ("Defendants") regarding the Fees charged and the marketing of the Higher One OneAccount. A...
  • Checkbook Accounts: Unum Gets a Reality Check
    Sep-2-10 Washington, DC In 2008 the US First Circuit Court of Appeals ruled against Unum after three beneficiaries of an employer-sponsored plan sued the insurer when they were mailed checkbooks, arguing that their policies with Unum stated they would be paid "in one lump sum." According to the 8/6/10 edition of the Wall Street Journal Unum and plaintiffs law...
  • Wells Fargo Reaches $14.5M Debt Collection TCPA Class Action Settlement
    Los Angeles, CA: A $14.5 million preliminary settlement has been reached in a Telephone Consumer Protection Act (TCPA) class action lawsuit brought on behalf of millions of customers who alleged Wells Fargo Bank NA called them on their cellphones to collect credit card debt. Brought by lead plaintiff Lillian Franklin, the settlement motion, if appr...
  • Commerce is the Latest Bank Being Sued for Excessive Overdraft Fees
    Jun-11-10 St. Louis, MO Commerce Bancshares, a Kansas City-based financial institution operating simply as Commerce Bank in the state of Missouri, is being sued by one of its clients who claims the company's bank overdraft fees violate state law. The plaintiff, Harold J. Joseph Jr., has accused the banking chain of manipulating the sequence of debit card purc...
  • Ohio Cannabis Workers Sue for Unpaid Wages
    Oct-1-21 Cleveland, OH On September 14, the Northern District of Ohio granted conditional certification to a group of hemp workers in Tenita Bryant v. North Coast Natural Solutions, LLC . The employees may now move one step farther along in their pursuit of unpaid wages claims against a collection of related hemp enterprises that did business as AgeVital Pharm...
  • Cruise lines to pay $485,000 settlement in employment lawsuit.
    Honolulu, HI: (May-15-08) The US Equal Employment Opportunity Commission brought charges against NCL America Inc., alleging that the company discriminated against seven crew members with Middle East backgrounds. The suit, filed on behalf of the employees, stated that the discrimination led to the plaintiffs losing their jobs aboard the cruise ship Pride...
  • Payless Shoesource to pay $304.6 million settlement in trademark lawsuit.
    Portland, OR: (May-06-08) Adidas America Inc. brought a trademark infringement lawsuit against Payless Shoesource Inc., alleging that the company used Adidas America Inc.'s three-stripe trademark and shoe styles. In a recent development in the case, spokespersons announced that the suit had been resolved after a federal jury in Portland ordered Payless S...
  • Bank of America Settles Securities Class Action for $2.43 Billion
    New York, NY: A securities class action against Bank of America Corp (BoFA) has reached a preliminary settlement with the bank agreeing to pay $2.43 billion to end claims it was not forthcoming with financial information about Merrill Lynch & Co to the banks shareholders, prior to BoFA buying the securities house. BoFA agreed to buy Merrill Lynch in...
  • The Prepaid Debit Card Takes Advantage of the Disadvantaged
    Oct-9-09 Washington, DC As if the credit card companies and banks aren't making enough already, now consumers who can least afford to pay credit card user fees are being put into an even tighter financial noose while the proprietors of prepaid debit cards, such as Green Dot Visa, are raking in the cash that to some is yet another example of credit card consumer...
  • Golf Course Liquidation, Golf Trust of America set to receive $3.8 million settlement in legacy issues lawsuit
    Charleston, SC: (Feb-01-08) Golf Trust of America, Inc. brought charges against Larry Young, Danny Young, Kyle Young, The Young Family Irrevocable Trust, and The Legends Group, Ltd., collectively known as GTA. Records stated that Golf Trust of America was formerly a real estate investment trust. From May 22, 2001 to November 8, 2007, the company was engage...
  • Occupy Wall Street Battleground Isn't a Park - It's a Courtroom
    Oct-24-11 New York, NY As the massive Occupy Wall Street movement continues to spread across the globe, many protestors, when questioned, come up short on specifics as to the actual source of their angst. A certain lawsuit? A specific case? A basket of Securities Class Action Lawsuits ? Well, yes. And no. And not really. In truth, many are simply drawn into a mov...
  • $24M Synovus Bank Overdraft Fees Class Action Lawsuit Settlement Reached
    Atlanta, GA: A $24 million settlement has been reached in the overdraft fees class action lawsuit pending against Synovus Financial Corp. Filed in July 2010 the lawsuit covers the period between July 10, 2004, and February 3, 2014, and alleges Synovus banks charged excessive overdraft fees on debit-card purchases or ATM cash withdrawals using debit car...
  • America Coming Together Presidetial Election Funding Fine
    Washington, DC: (Aug-29-07) The Federal Election Commission filed charges against America Coming Together (ACT), a Democratic allied 527 group that played a major role in the 2004 presidential election, alleging that the group violated election laws by funding too much of its activity with money raised outside federal restrictions. The lawsuit claimed that...
  • Ephren Taylor and Financial Institutions Face Financial Fraud Class Action
    Fort Lauderdale, FL: A consumer fraud class action lawsuit has been filed against Ephren Taylor, a self-described "minister,"who claimed to be a "social capitalist"and the "youngest African-American CEO of a publicly traded company." The multi-count class action lawsuit was filed in Los Angeles Federal District Court on behalf of hundreds who were...
  • America First Communities Bellevue Building Violations Settlement
    Bellevue, WA: (Jul-22-07) The city of Bellevue filed a lawsuit against America First Communities, alleging that it was missing out on income because the company hadn't applied for city building permits or paid the fees for construction in the Capehart housing area near Offutt. In a settlement reached, America First agreed to pay the city $1 million. Under...
  • ERISA Lawsuit Settlement Hits Stumbling Block
    Jan-30-23 Cincinnati, OH The partial settlement of Berry v. FirstGroup America , which seemed like a sure thing less than a month ago, has hit a snag that may require substantial changes. The class action ERISA lawsuit alleged that FirstGroup America removed well-performing investment funds from the FirstGroup America, Inc. Retirement Savings Plan (the “P...
  • Volunteers of America Employee Wage and Hour Settlement
    Baton Rouge, LA: (Jun-06-07) Carter Nash, the former residential manager of Shiloh Coordinating Ministries and a case aide at the Drop-In Center, filed a wage hour employment lawsuit against the Baton Rouge chapter of Volunteers of America, claiming that the Christian charity organization paid him 43 cents an hour. The suit, filed in 2004, alleged that fro...
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