Northern District of Illinois partially upholds Interchange Fee Prohibition Act
Judge Virginia Kendall of the Northern District of Illinois partially upheld the Illinois Interchange Fee Prohibition Act, ruling that federal ...
Tag: Banking Docket
Ninth Circuit affirms dismissal of investor suit against Comerica
In a unanimous decision, a Ninth Circuit panel affirmed the dismissal of a lawsuit alleging that Comerica violated the Securities ...
Fourth Circuit revives class action challenging Navy Federal’s mortgage lending practices
In a 2-1 decision, a Fourth Circuit panel revived a class action lawsuit accusing Navy Federal Credit Union of racial ...
Maryland federal court declines to dismiss lawsuit against PNC over alleged unlawful HELOC withdrawals
A Maryland federal court refused to dismiss a lawsuit alleging that PNC Bank unlawfully withdrew money to cover a HELOC, ...
Eastern District of North Carolina recommends dismissing military interest cap lawsuit against BofA
A North Carolina federal court recommended dismissing a proposed class action accusing BofA of overcharging servicemembers by improperly calculating interest ...
Southern District of New York dismisses Deutsche Bank from FDIC RMBS lawsuit
A New York federal court dismissed the FDIC’s lawsuit against DBS concluding that Section 11 of the Securities Act of ...
Minnesota dismisses cash-sweep program lawsuit against U.S. Bancorp
A Minnesota federal court dismissed with prejudice a lawsuit alleging that U.S. Bancorp shortchanged customers on interest through its cash-sweep ...
Baltimore sues payday lender Dave Inc. over allegedly deceptive lending practices
The City of Baltimore sued Dave Inc. in the Circuit Court of Baltimore City, alleging it engaged in deceptive marketing ...
Massachusetts attorney general sues Bitcoin Depot for allegedly enabling scams
Massachusetts Attorney General Joy Campbell sued Bitcoin Depot in the Suffolk County Superior Court, alleging that the company failed to ...
U.S. Supreme Court declines to review Eleventh Circuit decision reviving cash-advance lawsuit against Citigroup
The U.S. Supreme Court declined to review an Eleventh Circuit decision that revived a lawsuit alleging Citigroup operated a cash-advance ...
