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Classes Certified Against Wells Fargo In Overdraft MDL
Posted By Golomb & Honik
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12-Jun-2015
Law360, Miami (June 8, 2015, 8:38 PM ET) — Plaintiffs won class certification Monday in five cases brought against Wells Fargo Bank NA that have been included in far-reaching multidistrict litigation alleging deceptive practices regarding bank overdraft fees. U.S. District James Lawrence King granted class certification after holding two days of class certification oral arguments in Miami ...
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$32 M Capital One Overdraft Deal OK'd By Judge
Posted By Golomb & Honik
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22-May-2015
Law360, New York (May 22, 2015, 6:15 PM ET) — A Florida judge on Friday signed off on an almost $31.8 million settlement between Capital One Bank NA and plaintiffs in multidistrict litigation over allegedly deceptive overdraft fees, saying that the recovery amount is extremely reasonable given the risks faced by the plaintiffs. U.S. District Judge James Lawrence King granted final approval ...
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Plaintiffs Say Shire Withholding Docs In Pay-For-Delay Suit
Posted By Golomb & Honik, P.C.
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5-May-2015
By Kelly Knaub Law360, New York (April 20, 2015, 4:57 PM ET) — Plaintiffs in a pay-for-delay putative class action against Shire U.S. Inc. over attention deficit hyperactivity disorder drug Adderal XR asked a Florida federal judge to order the company to turn over certain documents, saying the materials aren’t privileged as Shire claims. Attorneys for plaintiffs told Florida's ...
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State Receives $12 Million in Settlement With Credit Card Companies
Posted By Golomb & Honik, P.C.
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27-Apr-2015
For Immediate Release News Release 2015-13 April 27, 2015 HONOLULU - The state attorney general's office today transferred $12.5 million into the state's general fund after successfully resolving lawsuits with several national credit card providers for engaging in alleged unfair and deceptive business practices involving Hawaii consumers. In 2012 the state sued credit card providers Chase, ...
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Philly Firm Files Class Action Against Cashforiphones.com, says lowball offer is impossible to reject
Posted By Golomb & Honik
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27-Mar-2015
Philly Firm Files Class Action Against Cashforiphones.com, says lowball offer is impossible to reject By JOHN O’BRIEN LOS ANGELES – A Philadelphia law firm has filed a class action lawsuit in California federal court that alleges a website that offers cash for old iPhones is running a bait-and-switch scam. Plaintiff Helaina Washington filed the lawsuit March 19 in U.S. District Court ...
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Web Site 'Angie's List' Sued for Fraud in Federal Court in Philadelphia
Posted By Golomb & Honik
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25-Mar-2015
By KYW community affairs reporter Cherri Gregg PHILADELPHIA (CBS) — A Pennsylvania woman is lead plaintiff in a federal class-action lawsuit filed this month in Philadelphia against “Angie’s List,” a website that says it provides members with customer-driven reviews. But the woman claims the Indiana-based company is a fraud. Boasting more than three million paid members, ...
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Cash for iPhones Facing Class Action Lawsuit
Posted By Golomb & Honik
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18-Feb-2015
A company offering cash for old iPhones is accused of running a bait-and-switch scam by a Philadelphia law firm. The class action lawsuit was filed in a California federal court by the Golomb & Honik law firm on behalf of plaintiff Helaina Washington. The lawsuit alleges CashforiPhones.com targets iPhone owners through Internet ads, ultimately offering these consumers much less than the ...
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Calif. Research Co. Not Paying Study Participants, Suit Says
Posted By Golomb & Honik
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6-Feb-2015
Law360, New York (February 06, 2015, 2:55 PM ET) — A California research company has been hit with a putative class action in a Los Angeles court accusing it of committing fraud and violating a state medical research law by failing to compensate study participants as promised. Medicus Research LLC, which operates as Staywell Research, is putting up barriers to prevent study participants from ...
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Class Action Accuses Angie's List of Manipulating Reviews
Posted By Alex Wolf
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29-Jan-2015
Law360, New York (March 12, 2015, 9:20 PM ET) — Angie’s List Inc. was hit with a class action Wednesday in Pennsylvania federal court that contends the online-review site lures consumers of local service providers to pay for access to purportedly unfiltered reviews, ratings and search rankings when it actually profits from secretly manipulating those features. Janelle Moore, a ...
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Capital One to Pay $32M To Exit Overdraft Fee MDL
Posted By Nathan Hale
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14-Jan-2015
Law360, Miami (January 14, 2015, 9:45 PM ET) — The plaintiffs in multidistrict litigation alleging banks acted in bad faith by processing transactions in an order that would net them the most in overdraft fees moved Wednesday in Florida federal court for preliminary approval of a settlement with Capital One Bank NA worth more than $31.7 million. The deal, which follows settlement agreements ...
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Takata and Honda Subjected to Class Action Lawsuits Alleging Destroyed Documents and Defects
Posted By Golomb & Honik, P.C.
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23-Dec-2014
Takata, the manufacturer of millions of airbags across the world, recently refused to take the recommendation of the NHTSA to expand the recall outside of high-humidity areas, stating airbags in other states, which were not subjected to excessive humidity, were perfectly safe. Approximately 8 million vehicles have been recalled in the United States, and if Takata agrees to a nationwide recall, ...
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Wells Fargo Loses Appeal of $203M Award Over Overdraft Fees
Posted By Golomb & Honik, P.C.
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6-Nov-2014
By: Karen Gullo Bloomberg News Posted Thursday, Oct. 30, 2014 Wells Fargo & Co. must pay customers $203 million for manipulating debit-card transactions to boost overdraft fees, a federal appeals court in San Francisco held upholding a lower-court ruling. A three-judge panel said Wednesday that the case is replete with examples of false and misleading statements about posting debit ...
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Hawaii Reaches $11.3M Settlement Against Credit Card
Posted By Golomb & Honik
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13-Aug-2014
Maui Business Maui Now Staff – 8/4/14 Attorney General David M. Louie announced today that the State of Hawaii has reached settlements totaling approximately $11.3 million to resolve cases against four credit card companies. The settlements against Bank of America, JP Morgan Chase, Discover Financial Services, and Citibank, are related to marketing practices for credit card payment ...
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TD Didn't Curb Overdraft Fees After $62M Deal, Suit Says
Posted By Golomb & Honik, P.C.
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24-Mar-2014
Law 360 New York (March 4, 2014) by Kira Lerner TD Bank NA was hit with a proposed class action Friday in Pennsylvania federal court alleging it has continued manipulating the order of debit card transactions to maximize overdraft fees, less than a year after it paid $62 million to settle multidistrict litigation over the same practice. Lead plaintiffs Sheila and Emilio Padilla’s complaint ...
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Banks Settle with Attorney Generals for $13.5M for Deceptive Credit Card Practices
Posted By Golomb & Honik
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26-Feb-2014
Golomb & Honik, P.C., a Philadelphia based class action law firm, has announced that Discover Financial Services and J.P. Morgan Chase have agreed to pay $13.5 million on behalf of the States of Hawaii, Mississippi and New Mexico as a result of the deceptive marketing of their credit card payment protection plans. These settlements follow the resolution of five class actions totaling more than ...
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Google to Face Suit Over Scanning of Messages in Gmail
Posted By Golomb & Honik
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26-Sep-2013
Los Angeles Times By: Jessica Guynn September 26, 2013 A San Jose federal judge has ruled that Google must face a lawsuit that accuses the tech giant of illegally opening and reading the contents of email sent through its Gmail service in violation of federal wiretapping statutes. "The court finds that it cannot conclude that any party - Gmail users or non-Gmail users - has consented to ...
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Federal Judge Certifies $23.5 Mil. Class Settlement With HSBC
Posted By Golomb & Honik
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21-Nov-2012
November 21, 2012 Legal Intelligencer A federal judge has given final certification to a $23.5 million class settlement with HSBC in a case in which the plaintiffs alleged that the bank acted deceptively in administering its "debt cancellation" and "debt suspension" plans. Over the objections from three states' attorneys general, U.S. District Senior Judge Berle Schiller of ...
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PNC Among Banks Changing Policies Following Lawsuits Over Overdraft Charges
Posted By Golomb & Honik, P.C.
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16-Nov-2012
Pittsburgh Post-Gazette PNC Bank customers who may overdraw their checking accounts are getting some good news. Starting Dec. 1, Pittsburgh's biggest bank will stop reordering checks and debit card transactions from highest amount to lowest, a practice long decried by consumer groups as a sneaky way to maximize overdraft fees. Under the new policy, checks and debit transactions will be ...
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Capital One Loses Bid To Block State AG Suits Over Payment Protection
Posted By Golomb & Honik
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27-Aug-2012
FOX BUSINESS A federal judge has denied Capital One Financial Corp.’s (COF) efforts to block state regulators’ lawsuits over payment-protection products marketed to credit-card customers. Payment protection, also know as credit protection, has come under increased regulatory scrutiny amid claims that lenders have mischaracterized product features and enrolled customers in the services, ...
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Bank of America, Others to End Debt-Protection Products
Posted By Golomb & Honik
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22-Aug-2012
Bank of America Corp. (BAC) and other banks have stopped selling add-on products to credit-card customers that suspend borrowers' minimum monthly payments in the event of a job loss or other hardship, as regulatory scrutiny of these offerings grows. Debt-cancellation products, also known as payment or credit protection, have also sparked class-action lawsuits against the country's largest ...
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Consumer Watchdog Fines Capital One for Deceptive Credit Card Practices
Posted By Golomb & Honik
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18-Jul-2012
The New York Times July 18, 2012 Capital One - which is known for its catchy television ads with Alec Baldwin - received a regulatory rebuke for misleading customers. The nation's consumer watchdog on Wednesday delivered its first enforcement action against the financial industry, fining Capital One for pressuring and misleading more than two million credit card customers. Caption One, one of ...
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Federal Judge Approves Settlement in Generic-Antidepressant Class Action
Posted By Golomb & Honik
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5-Jul-2012
Legal Intlligencer By: Amaris Elliott-Engel July 5, 2012 A federal trial judge has approved the national settlement of a multidistrict litigation class action alleging that the generic version of the popular antidepressant drug Wellbutrin was not as therapeutically effective as the brand-name drug. He also took a shot at a landmark U.S. Supreme Court decision in the process. The drug makers agreed ...
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Merck Hit With Antitrust Class Action Over Vaccine Data
Posted By Golomb & Honik
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25-Jun-2012
By Matt Fair Law 360, New York (June 25, 2012, 505 PM ET) - Merck and Co. Inc. was hit with a putative antitrust class action in Pennsylvania federal court Friday by an Alabama medical provider alleging the pharmaceutical company lied about the efficacy rate of its mumps inoculation in an effort to keep competitors from bringing their own versions of the vaccine to market. Chatom Primary Care PC ...
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Golomb & Honik Named Finalists For National Award
Posted By Golomb & Honik
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21-Jun-2012
June 21, 2012 News Release A legal team that held some of the nation's largest banks accountable for an accounting trick that charged customers unfair fees has been named a finalist for the 2012 Trial Lawyer of the Year Award, an honor presented annually by the Public Justice Foundation. Lead counsel Bruce Rogow of Miami, Fla., and Aaron Podhurst of Podhurst Orseck in Miami, and co-counsel ...
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State Suing 7 Credit Card Companies Over "Fraudulent" Payment Protection Plans
Posted By Golomb & Honik, P.C.
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13-Apr-2012
HONOLULU (HawaiiNewsNow) - The state Attorney General sued seven of the country's largest credit card companies Thursday, claiming they're charging thousands of Hawaii customers for payment protection plans they don't want and often don't even know about. The AG estimates more than 30,000 people in Hawaii pay a monthly fee that's supposed to ensure their credit card company ...
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