San Francisco-based Wells Fargo Bank (WFC), one of the largest banks in the US, is trying to push its customers to resolve the lawsuits that they are bringing over the opening of unauthorized accounts through private arbitration, instead of in a courtroom, according to legal documents filed Wednesday. The bank asked the US District Court in Utah to order dozens of customers to settle their …
On Friday evening, a Los Angeles Superior Court Judge issued preliminary approval to a proposed class-action settlement for customers of the Los Angeles Department of Water and Power (LADWP) who were overcharged at least $67.5 million following the introduction of a new billing system in September of 2013, …
The Casino Rama Resort in Ontario, Canada announced Thursday that the facility had suffered a data breach that could have compromised information going back as far as 2004. One day later a class action lawyer began preparations for a $50 million lawsuit against the property. Toronto Lawyer Ted Charney proposed the suit on Friday and according to several media reports the “statement of claim” …
Calling it a classic “bait and switch,” a California consumer group on Tuesday lashed out at Anthem Blue Cross of California, claiming it failed to adequately warn customers they were being shifted in 2017 to brand-new, stripped-down plans. Santa Monica-based Consumer Watchdog announced it has filed a class action lawsuit against the health insurance giant after Anthem moved hundreds of …
From misleading advertising claims to exposing their customers to identity theft, companies pay tens of millions of dollars each year to settle class action lawsuits aimed at addressing ways they may have wronged their customers. Despite this, relatively few consumers ever claim their share of the awards being offered. “I think consumers would be very surprised at just …
Utah is poised to become ground zero in a lawsuit aimed at making Wells Fargo pay. Victims of the bank’s recent scheme hope to hit the bank where it hurts and hit them hard – and Utah might hold the key to it all. In the weeks since news broke that Wells Fargo opened as many as 2 million fake accounts in their customers’ names, there has been a barrage of moves made by the bank to show …
A federal class action claims Comcast has bilked cable TV customers out of $1 billion a year since 2014 by charging phony fees for broadcast and sports channels. Plaintiffs from seven states — California, Washington, New Jersey, Illinois, Colorado, Florida and Ohio — sued the cable giant on Monday, alleging consumer fraud, unfair competition, unjust enrichment and breach of …
One major group directly affected by the Wells Fargo scandal- the customers who had fraudulent accounts opened in their names – may have their hands tied. As lawmakers pointed out at congressional …
SAN FRANCISCO (Legal Newsline) – Wells Fargo shareholders this week filed a class action lawsuit against the bank, its chairman and CEO, CFO and the former head of its community banking division, alleging the Wells Fargo executives “concealed” the fact that the source of the bank’s record so-called “cross-selling” was based on fraudulent activity. “While bragging about the Company’s cross- …
A class-action lawsuit against Samsung alleges that some of its top-loading washing machines are dramatically falling apart. A statement from Samsung did little to soothe concerned consumers, saying, “we are in active discussions with the CPSC to address potential safety issues related to certain top-load washing machines manufactured between March 2011 and April 2016.” In case you concerned: …