A number of national banks have been facing class-action lawsuits for allegedly misusing over draft fees on checking accounts to generate hundreds of millions of dollars in extra revenues. The way the Banks have achieved this is by reorganizing debits from debit cards by the size of the transaction…
Articles Posted in Consumer Fraud/Consumer Protection
NPR Reports: “For-Profit Colleges Encouraged Fraud, Used Deceptive Marketing, GAO Reports”
Our Chicago consumer rights attorneys are pursuing and investigating class-action lawsuits against for profit trade schools that have allegedly duped students into taking classes even though there is little or no prospect of the students obtaining work in the field after taking the course. We have obtained class certification in…
NPR Reports: “Holes in Monitoring System Let Lemons Get Resold”
Our Chicago auto-fraud lawyers focus on bringing suit for auto-fraud claims. We recently settled a suit involving purchase of $9,000 used car that was in reality 3 different cars welded together for $100,000. Our fees come from the recovery and we only get paid if we win or settle your…
Kentucky Supreme Court Affirms that Consumer Class Action Can Proceed as Class Actions
The Kentucky Supreme Court rejected a contractual ban on class actions by Insignt in a case regarding a mass shut down of consumer internet services The Court held a class action “is often the only economically viable legal procedure” to address a large volume of very small claims, the…
Fifth District Reverses Decision to Deny Arbitration Clause in Fiduciary Duty Case
Our Illinois alternative dispute resolution lawyers noted an opinion from the Fifth District Court of Appeal reversing a trial court that declined to compel arbitration. In Hollingshead v. A. G. Edwards & Sons, Inc., No. 1-09-0067 (Ill. 5th Jan. 22, 2009), the court ruled there simply was not enough evidence…
New York Times Reports That New California Law is Preventing Consumers in Foreclosures From Hiring Attorneys Because too Many Lawyers in That State had Been Assisting in Foreclosure Assistance Scams
A fine balance exists between consumer laws which the government believes protect consumers from scams and interfering with the free market and access to justice. Credit repair organizations which take money in advance can perform a valuable service to help consumers get refinancing but many unscrupulous credit repair outfits…
Elizabether Warren Outlines First Goal for Federal Consumer Protection Agency to Ensure Financial Products Terms are Disclosed in Plain English
Elizabeth Warren the head of the new Federal Consumer Protection Agency sat down with Michelle Singletary the Washington Post to explain the first goal of the new agency. Warren told Singletary the the Ageny’s first initiative would be to ensure that banks and finance companies compete on an even…
Courts Must Decide Admissibility of Questionable Expert Testimony Before Certifying Class
A recent decision by the Seventh U.S. Circuit Court of Appeals will have important implications for our practice as Illinois class action attorneys. In American Honda Motor Company Inc. v. Allen et al., No. 09-8051 (7th Cir. April 7, 2010), the Seventh ruled that trial courts must conclusively rule…
AT&T Case Heard By Supreme Court and Most Media Outlets Predict Consumer Victory Based on State’s Rights Principles
Slate published an excellent article handicapping that the Supreme Court in the AT&T case will vote in favor of consumer class actions continuing. The article explains in in plain English what is at stake in the case and the arcane legal issues on which the decision will turn. You…
Indiana Attorney General Warns About Extended Warranty Fraud
Our Chicago automobile fraud attorneys focus on bringing suit for auto-fraud claims. We recently settled a suit involving purchase of $9,000 used car that was in reality 3 different cars welded together for $100,000. Our fees come from the recovery and we only get paid if we win or settle…