Blog Posts in March, 2012

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  • Class Action Against HSBC Settles for $23.5 Mil.
    Class Action Against HSBC Settles for $23.5 Mil.

    A $23.5M settlement has received preliminary approval from a federal judge in Philadelphia in a class action lawsuit against HSBC Bank, Esslinger v. HSBC Bank Nevada N.A. The bank has been accused of ...

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  • Chase to Settle Overdraft Lawsuit
    Chase to Settle Overdraft Lawsuit

    Chase is offering $110 million to settle a class-action lawsuit alleging it unfairly burdened customers with overdraft fees, which allowed the bank to earn $500 million annually. The bank has filed a ...

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