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Learn if You Have a Claim Against Predatory Lenders
Other Credit / Debt Cases of InterestA class action lawsuit has been filed in US District Court against Beneficial Consumer Discount Company. The case involves alleged violations of the federal Fair Debt Collection Practices Act. No additional information about the substance of the allegations is available at this time. Classactionamerica.com will monitor this case and provide additional details as soon as they become available. All of those miscellaneous charges that companies add on to credit purchases are regulated by state and federal law. The parties have reached a tentative settlement in a class action against Schewel Furniture Company, Inc. on behalf of all Virginia residents to whom the company improperly applied finance charges, thereby violating Virginia's Consumer Protection Act and the federal Truth in Lending Act. Hundreds of thousands of former BankBoston customers have yet to claim $25 payments they are entitled to under a $12.5 million class-action settlement with Bank of America.
Court documents indicate only about 58,000 account holders have filed claims so far, or less than 10 percent of the total. The precise size of the class is unknown, but it is estimated to be 584,000 to 1 million account holders.
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.
American Express Financial Advisors (AEFA), a division of American Express, was served August 1, 2005 with a motion that asked Federal Court in Arizona to certify a class of more than 500,000 former AEFA clients. The motion was filed by leading plaintiffs attorneys in Arizona. In the Class Certification motion, the former clients allege that AEFA violated fiduciary duties and perpetrated a scheme to defraud its investing clients through the Company's sale of Financial Plans. A class action has been filed against Kennecott Holdings Corporation for denying medical insurance benefits and claim denial review against the Employee Retirement Income Security Act (ERISA). The class seeks costs, interests and attorneys’ fees. |
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