CATrends: Celebrities Deceptively Promoting Cryptoassets
A-listers face lawsuits over promotions of risky and unregulated investments.
First Community Credit Union
Case Name (Date)
Heard et al. v. First Community Credit Union
21-cv-3690, S.D. Tex.
(Nov. 2021)
Product/Service
Checking accounts
Allegations
Misrepresenting when consumers will be charged overdraft fees
Misleadingly representing the nature of the overdraft program
Status
Voluntarily dismissed When a complaint is dismissed without prejudice, an amended version of the complaint can be refiled.
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