Get Help form Our Philadelphia Class Action Attorneys
Consumers should be able to expect that banks, credit card companies and
other financial services entities with which they do business treat them
fairly and in accordance with federal and state regulations. Unfortunately,
financial institutions often attempt to increase their revenue at the
expense of consumers by employing deceptive and unfair practices. These
practices result in billions of dollars in profit for financial institutions-at
the expense of the consumer.
Our Philadelphia consumer class action lawyers have a demonstrated knowledge
of financial litigation and consumer protection law. For decades, we have
successfully represented clients from Pennsylvania, New Jersey and across
the country, recovering hundreds of millions of dollars in
verdicts and settlements. Call (215) 278-4449 immediately if you believe that you have been a victim
of deceptive financial practices.
Golomb & Honik, P.C. is currently investigating and actively pursuing
claims related to:
Our attorneys have a broad range of regulatory knowledge, diverse financial
litigation experience, and a national reputation for achieving timely
resolutions and maximum compensation. We pursue consumer financial services
cases aggressively, and we have the resources and expertise to successfully
challenge big banks, credit card companies, and tax preparation franchises.
Meaning of Deceptive Financial Services
Even though the Federal Trade Commission Act has prohibited unfair and
deceptive practices since 1914, changing technology has allowed companies
and institutions to continually challenge what is considered a deceptive
practice. In order for a financial service or practice to be considered
deceptive or unfair, it must have:
- Caused harm or is likely to cause harm to the consumer;
- Cannot be reasonably avoided by the consumer;
- Is not outweighed by countervailing benefits to the consumer.
Financial Institutions Put Profits Over People
Deceptive financial practices occur at an alarming rate to millions of
unsuspecting consumers. From re-ordering checks to forced payment protection
services, customers and consumers are often not even aware that they are
being continually harmed by deceptive financial practices. For example,
by simply re-ordering the sequence of your checks, banks are often able
to charge multiple overdraft fees, instead of just one. Consumers don’t
even realize that they have been deceived, and simply believe that this
is just the way the business operates.
Fortunately, consumers don’t have to accept these deceptive practices
without a fight. Banking institutions, credit card companies, and tax
preparation franchises are in a business to make money. But when profits
become more important than people, these institutions often cross the
line and begin using deceptive financial practices to increase profit margins.
Consumer Protection Lawyers on Your Side Nationwide
When large banks and financial institutions engage in deceptive financial
practices, Golomb & Honik, P.C. is on your side. Our law firm has
the resources needed to fight these large credit unions and financial
firms, and we champion the rights of consumers everywhere. Through class
action lawsuits, numerous victims of deceptive financial services can
band together to shine a light on these deceptive and unfair practices.
Together, we can take on these large banking institutions-and win.
If you believe you have been the victim of deceptive financial practices,
please contact Golomb & Honik for your
free case evaluation. Banking institutions and credit card companies have a responsibility
to treat consumers fairly and justly. When they fail to do so, they can-and
should-be held responsible for their fraudulent and deceptive practices.
To learn more about your legal options or to schedule a free consultation,
contact our Philadelphia class action lawyers at Golomb & Honik, P.C.
today at (215) 278-4449 or fill out our confidential contact form.