FTC Targets MLMs with New Proposed Rules
New rules take aim at deceptive earnings claims.
CresCom Bank
In January 2020, a class-action lawsuit was filed against CresCom Bank for allegedly falsely representing that it only charges one overdraft or insufficient funds fee on a single item when, according to plaintiffs, the bank regularly charges multiple fees on a single item. (Reaves et al v. CresCom Corp., Case No. 20-cv-254, D.S.C.)
For more of TINA.org’s coverage of lawsuits filed against banks, click here.
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