In an increasingly digital world, the risks of cybercrime and data breaches are more prevalent than ever—especially in the financial sector. As more consumers turn to online banking and mobile payment platforms, the burden of protecting sensitive data has grown significantly. A recent example of this is the $15 million class action settlement involving Cash … Read more
Bank of America has agreed to pay $2.85 million to settle a class action lawsuit alleging it violated New York’s Exempt Income Protection Act (EIPA) — a law that shields certain types of income from being seized in debt collection actions. If you had a Bank of America account between January 1, 2009, and February … Read more
HP has agreed to pay $4 million to settle a class action lawsuit over allegedly misleading discounts on its website. The deadline to submit a claim is June 9, 2025, and qualifying buyers could receive between $10 and $100, depending on the product purchased. If you bought eligible HP products at a discounted price on … Read more
Wells Fargo, one of the nation’s largest financial institutions, has found itself at the center of a major legal controversy stemming from the unauthorized creation of customer accounts. This scandal not only damaged the bank’s reputation but also triggered a class action lawsuit resulting in a $1 billion settlement. For investors and affected customers, this … Read more