Credit card applications at Wells Fargo plunged by 55% in February, the sharpest decline since the bank’s fake account scandal erupted last September. Another sign of trouble: Wells Fargo (WFC) said Monday that consumers opened 43% fewer checking accounts than a year ago and interactions with branch bankers fell by 21% in the same month. Despite taking a series of steps to […]
Category Archives: Deceptive Acts and Practices
Held by Maryland’s Highest Court: Midland Funding waived its right to arbitration when it sued Mr. Cain in small claims court. Because Midland was unlicensed when they sued him, the judgment against him and all other class members is VOID. Following up on their $38 million unjust enrichment verdict in Finch v. LNVN (for the […]
Class actions are often the only viable mechanism to address widespread consumer harm. Read more in this insightful piece. June 26, 2016 12:00 AM What would you do if your client told you her bank had charged her account a $25 fee she didn’t owe? Would you sue the bank? Probably not, given […]
It’s been one, two, three, or even four or more years since you’ve leased your vehicle. You’ve treated the car well, you’ve never had any accidents, and minus any normal wear and tear on the vehicle, your car is in great condition. Now, however, your lease is over, and it’s time to return the vehicle […]