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Case ID: 3771 | Credit / Debt | 10/12/2004
A class action has been filed against Gold Banc Corporation, a Kansas bank doing business in western Oklahoma, by farmers who entered into loans with them and were charged high rates of interest on guaranteed loans by the Farm Service Agency (FSA). The class members seek compensation for interest paid, exemplary and punitive damages, and costs and attorney fees.
Specifically, the class members allege: • Usury (charging unlawful rates of interest). Gold Banc charged the farmers interest rates that were sometimes four (4) percentage points higher than rates given to other customers At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Credit / Debt Cases of Interest A class action lawsuit was filed June 28, 2005 by California credit card holders and merchants against Cardsystems Solutions, Inc. and others alleging a failure to maintain adequate data security which led to a security breach exposing over 40 million credit card holders to potential fraud.
A class action lawsuit has been filed in the Eastern District Court of Pennsylvania against National Action Financial Services, Inc. for violations of the Fair Debt Collection Practices Act (FDCPA) which prohibits debt collectors from engaging in abusive, deceptive and unfair collection practices. Class members seek damages, attorney's fees and costs of the litigation. A state wide class action has been filed in Pennsylvania against collection specialists, Bronson & Migliaccio, LLP. The action is brought on behalf of all Pennsylvania consumers who, since January 30, 2003, have received a "form type" collection letter from Bronson & Migliaccio. The action is brought under the federal Fair Debt Collection Practices Act and seeks statutory damages as well as injunctive and declaratory relief. A class action lawsuit has been filed against New York collection agent Law Offices of Mitchell N. Kay, PC. The suit alleges that the defendant engaged in abusive and deceptive collection practices that violated federal fair debt collection practices laws. The suit seeks to certify a national class and collect actual and punitive damages on behalf of the plaintiffs. A statewide class action has been filed in New York against collections specialist, Trans-Continental Credit & Collection Corporation. The action is brought on behalf of all New York residents who have received collection letters from Trans-Continental that contain language that consumers claim is deceptive, unfair and contains false threats. The action is brought under the federal Fair Debt Collections Practices Act and seeks statutory damages as well as injunctive and declaratory relief. A judge in California certified a class action lawsuit against Verisign to proceed and to include up to 400,000 class members. The total liability exposure to Verisign may exceed 200 million U.S. dollars. The suit was filed last year in California. |
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