CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for …
Dec 20, 2024 · – Today, the Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.
Early Warning Services, LLC; Bank of America, N.A.; JPMorgan …
On December 20, 2024, the Bureau filed a lawsuit against Early Warning Services, LLC (EWS), Bank of America, N.A., JPMorgan Chase Bank, N.A., and Wells Fargo Bank, N.A., claiming they failed to safeguard the Zelle network from fraud and other defects, which resulted in hundreds of millions of dollars in consumer losses.
CFPB Sues Comerica Bank for Systematically Failing Disabled and …
Dec 6, 2024 · – Today the Consumer Financial Protection Bureau (CFPB) sued Comerica Bank for systematically failing its 3.4 million Direct Express cardholders - primarily unbanked Americans receiving federal benefits.
Comerica Bank abused and neglected vulnerable customers who …
Dec 6, 2024 · “The CFPB is suing Comerica Bank for illegally harming disabled and older Americans who count on Social Security and other federal benefits,” CFPB Director Rohit Chopra said in a release.
US consumer watchdog sues big banks over 'widespread' fraud on …
Dec 20, 2024 · The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase , Bank of America and Wells Fargo for failing to protect consumers from alleged "widespread...
CFPB sues Comerica Bank over allegations of failing disabled and …
Dec 6, 2024 · Prominent California attorney Lisa Bloom and her law firm will pay more than $274,000 to resolve claims that they gave the U.S. government false information in connection with a COVID-19 pandemic...
CFPB sues Comerica Bank over federal benefits program
Dec 6, 2024 · The Consumer Financial Protection Bureau filed a complaint Friday against Comerica Bank, accusing the regional bank of failing to administer a federal benefits program …
Comerica sues CFPB over ‘costly’ prepaid card probe
Nov 12, 2024 · Comerica Bank has filed a lawsuit against the Consumer Financial Protection Bureau, asserting the bureau’s investigation of the bank’s handling of the Direct Express prepaid card program is “aggressive and overreaching.”
Bank groups sue the Consumer Financial Protection Bureau over a ...
Dec 13, 2024 · Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe...
Comerica Bank Sues CFPB, Claiming ‘Questionable’ Investigation
Nov 11, 2024 · Comerica Bank was “faced with no other alternative to halt the Bureau’s unremitting regulatory overreach” but to sue, it said in a complaint filed Nov. 8 in the US District Court for the Northern District of Texas.
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