Wednesday, a complaint led by the U.S. Chamber of Commerce was filed against the CFPB and Director Rohit Chopra challenging the bureau’s March 2022 update to the Unfair, Deceptive, or Abusive Acts and [...]
CUNA joined the Chamber of Commerce and multiple bank trade associations in filing an amicus brief this week in a Fair Debt Collection Practices Act (FDCPA) case that will be heard en banc by the [...]
The U.S. District Court for the Eastern District of Virginia last week dismissed a class action lawsuit related to the Military Lending Act's (MLA) exception for motor vehicles. Among the points in the decision, [...]
In March 2021, plaintiffs’ attorneys filed a class action lawsuit against Bank of America asserting that certain fees assessed for making automated clearinghouse (ACH) transfers were improper and should be refunded to consumers. Pointing to [...]
A California-based company filed a class-action lawsuit against Wells Fargo citing unfair actions against some small businesses seeking government-sponsored coronavirus relief under the Paycheck Protection Program. In March, the Treasury Department announced the $349 billion [...]
We blogged a couple of months ago with some updates on recent patent litigation between USAA and Wells Fargo, and now there are new developments in this ongoing litigation as well as a related lawsuit [...]
Three hours after County Educators Federal Credit Union President/CEO Glenn South died at a New York City hospital on March 30, 2017, someone allegedly deleted documents from the executive’s desktop computer in his [...]
Three former women executives of a California credit union claimed they were discriminated against because of their sex and age when they applied for the CEO position for which a younger man was hired who [...]
The state of Pennsylvania is bringing a class-action lawsuit against more than a dozen of the world's biggest financial institutions for allegedly price-fixing bonds issued by government-sponsored enterprises Fannie Mae and Freddie Mac. The lawsuit [...]
James Perna, a 42-year credit union president/CEO, claims the NCUA owes him more than $300,000 after he lost his long-held job when state regulators conserved Detroit’s Health One Credit Union in 2014 [...]
A Louisiana credit union, without any admission of liability, agreed to pay a former branch manager $110,000 to settle a retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission earlier this year. [...]
What’s the difference between a service-oriented, fully disclosed overdraft program that is clearly and responsibly presented to account holders … and one that is used solely to earn revenue, at all costs? In the case [...]
A Georgia couple has filed suit against Delray Beach, Florida-based IBM Southeast Employees’ Credit Union and a former CUNA Brokerage Services, Inc. (CBSI) representative, alleging that they were bilked out of their retirement savings and [...]
NAFCU on Friday filed its seventh amicus brief in support of credit unions facing litigation over unclear website accessibility requirements under the Americans with Disabilities Act (ADA). NAFCU's latest filing is the second in a [...]
In another victory for credit unions facing litigation over unclear website requirements under the Americans with Disabilities Act (ADA), a federal district court in Virginia found that the plaintiff to such a lawsuit did not [...]
