January 15, 2025 NFCU faces a class action that alleges lax policies with respect to the creation of business accounts have allowed criminals to perpetrate check fraud.
January 15, 2025 A $6.9 million settlement may resolve a class action that claimed Northern Trust breached its fiduciary duties by retaining an underperforming funds series as one of its retirement plan’s investment options.
December 20, 2024 A class action alleges Visa’s illegal monopolization of the debit network industry has allowed the company to impose excessively high network processing fees.
December 19, 2024 The CFPB announced that $1.8 billion is being issued to 4.3 million consumers who were charged unlawful upfront fees or deceived by advertising by Lexington Law and CreditRepair.com.
December 17, 2024 A class action accuses Robinhood of breaching its contractual duties to customers by “sweeping” their cash deposits into accounts that pay unreasonable interest rates.
December 16, 2024 A $2.25 million settlement has been reached to end a class action that alleged the parties that handle Kimberly-Clark’s 401(k) pension plan allowed it to incur unreasonable fees.
November 4, 2024 Wells Fargo has agreed to pay $185 million to settle a class action that alleged the bank placed customers’ mortgages into forbearance without consent.
October 14, 2024 WiLine Networks faces a class action lawsuit that alleges the business and home internet provider has systematically overbilled customers.
October 11, 2024 A class action claims Wells Fargo has breached its contractual duties by “sweeping” cash deposits into accounts that pay unreasonably low interest rates.
October 10, 2024 Several class action lawsuits have been filed against Evolve Bank & Trust over a massive 2024 data breach, and 22 of those cases have been consolidated into multidistrict litigation.
October 8, 2024 Uber faces a class action lawsuit over its alleged practice of submitting fraudulent returns to the IRS for people who never worked for the ride-share app.
October 7, 2024 CreditNinja faces a class action alleging the online lender has violated an Indiana law by issuing loans with excessive interest rates to residents.
October 4, 2024 JPMorgan Chase faces a class action that claims a subsidiary has shortchanged customers by “sweeping” their uninvested cash balances into deposit accounts at its affiliate bank and keeping the rewards for itself.
October 3, 2024 Peacock has agreed to pay more than $3,700,000 to settle a class action that claimed it violated California law by automatically renewing consumers’ subscriptions without providing certain disclosures.
October 1, 2024 A homeowner alleges in a class action that Select Portfolio Servicing gave credit reporting agencies false data and threatened him with foreclosure.
September 26, 2024 A class action over Numi's Prestige prepaid debit cards used to return confiscated money to arrested individuals upon their release has settled for $4 million.
September 23, 2024 Katz Nannis + Solomon has been hit with a class action after the firm allegedly “lost control” of personal data during a November 2023 cyberattack.
September 17, 2024 A class action alleges Ameriprise has breached its contractual duties by failing to negotiate reasonable rates of interest for accountholders’ cash sweep deposits.
September 5, 2024 Golden Pear Funding faces a proposed class action lawsuit out of New Jersey over the company’s allegedly illegal lending practices.
September 5, 2024 A class action alleges several companies have conspired to artificially inflate, fix or manipulate the price of finished PVC pipes sold in the U.S.
August 30, 2024 A class action accuses EastLineLending.com of engaging in an unlawful “rent-a-tribe” scheme whereby Indiana residents are issued loans with illegal interest rates.
August 29, 2024 A class action alleges Capital One illegally tracked, shared and monetized website users’ private information without their knowledge or consent.
August 27, 2024 A class action claims Wells Fargo has mismanaged its prescription drug benefits program, costing its health plan and plan participants millions.
August 22, 2024 A class action lawsuit alleges Synchrony Bank has violated state usury law by imposing excessively high interest rates on CareCredit accountholders.
August 16, 2024 A class action claims Metronet advertises fictitiously low prices for its internet services only to add a significant, mandatory technology services fee to customers’ monthly bills.
August 16, 2024 A class action claims more than 1,500 investors were defrauded in a $112 million Ponzi scheme allegedly orchestrated by Florida trucking company Royal Bengal Logistics.
August 15, 2024 A class action lawsuit claims collection agency Customer Care Global has violated federal law by attempting to collect an allegedly illegal debt.
August 14, 2024 A Wells Fargo lawsuit says the bank overcharged thousands of mortgage loan accountholders with certain modifications due to an apparent error.
August 8, 2024 A class action claims online lender OppFi has violated federal and state laws by issuing loans with excessive interest rates to Illinois residents.
August 1, 2024 CrowdStrike faces a class action lawsuit over a massive system outage that allegedly caused the cybersecurity platform’s stock price to drop in July 2024.
August 1, 2024 A class action claims American Airlines misled investors about the efficacy of a new distribution strategy and the revenue outlook for the 2024 fiscal year.
August 1, 2024 A class action claims Exeter Finance conspires with auto dealers to raise the prices of their vehicles to accommodate a hidden finance charge.
July 31, 2024 CardConnect faces a proposed class action lawsuit that accuses the payment processing service of charging unauthorized “junk fees.”
July 25, 2024 A new class action lawsuit looks to halt the $35 billion merger of financial giants Capital One and Discover.
July 22, 2024 A class action claims Valley Servicing has violated federal law by contacting a woman’s employer in an attempt to collect an allegedly illegal debt.
![LPL Financial Lawsuit Accuses Investment Advisor of ‘Act[ing] In Its Own Interest’ to Maximize Profits Via ‘Cash Sweeps’](/media/settlement-cash_1.jpg)
July 19, 2024 LPL Financial faces a class action lawsuit over its alleged practice of sweeping investors' cash into interest-gaining programs while reaping big returns for itself.
July 9, 2024 Evolve Bank & Trust faces a proposed class action lawsuit in the wake of a reported data breach announced by the institution in late June 2024.
June 24, 2024 A class action accuses Figure Lending of engaging in a “bait-and-switch” scheme by falsely marketing its loans as home equity lines of credit (HELOC).
June 21, 2024 A class action has been filed by a consumer who claims Fifth Third failed to disclose a finance charge when she took out a loan to buy a solar power system.
June 18, 2024 A class action accuses Navy Federal of allowing customer service calls to be secretly “tapped” by a third party without consumers’ consent.
June 11, 2024 A class action lawsuit alleges thousands of consumers’ credit scores were damaged when Fingerhut opened new Fetti accounts without their permission.
June 11, 2024 A class action lawsuit alleges Nelnet has repeatedly miscalculated student loan borrowers’ monthly repayment amounts.
June 10, 2024 A class action accuses Capital One of breaching its contract by both failing to properly investigate financial fraud claims and wrongfully denying victims reimbursement.
June 6, 2024 A class action alleges Synchrony Bank has unfairly penalized service members by increasing interest rates on their outstanding credit card balances when they leave active duty.
June 3, 2024 A class action lawsuit accuses JPMorgan Chase Bank of working with Facebook to intercept the communications of California consumers on Chase.com.
May 28, 2024 Dolce & Gabbana faces a class action lawsuit that alleges the fashion brand pocketed more than $25 million used to fund a now-abandoned NFT crypto project.
May 28, 2024 Live Nation faces a class action lawsuit after the Justice Dept. sued the Ticketmaster parent company, calling for the break up of the companies' alleged monopoly.
May 16, 2024 WebTPA Employer Services faces a proposed class action lawsuit over an April 2023 data breach.
May 14, 2024 A proposed class action lawsuit has been filed against OE Federal Credit Union over a two-month 2023 data breach.
May 13, 2024 Merrill Lynch and Bank of America face a class action wherein a financial advisor claims he was wrongfully denied the vested commissions to which he was entitled as part of a deferred compensation plan.
