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Feds asking banks to close down access to consumers’ accounts.
Allegations: Deceptively inflating the mAh ratings for Onn power banks
Class-action lawsuits allege that the mAh ratings of several portable chargers are greatly exaggerated.
In December 2018, a class-action lawsuit was filed against Anker Innovations for allegedly misrepresenting the milliampere-hours (mAh) of its power banks (portable power sources that can be used to charge…
Allegations: Falsely representing the mAh rating of power banks as higher than it actually is
In November 2018, a class-action lawsuit was filed against Topstar Technology for allegedly falsely advertising the milliampere-hours (mAh) of GETIHU power banks (portable power sources that can be used to…
In November 2018, a class-action lawsuit was filed against Inland Products for allegedly falsely advertising its ProHT Power Banks (portable chargers that are used to recharge electronic devices). Specifically, the…
In May 2020, a class-action lawsuit was filed against TZUMI Electronics for allegedly misleading consumers about the amount of power that its power banks have to transfer to electronic devices…
In June 2020, a class-action lawsuit was filed against Best Buy for allegedly falsely advertising the amount of power that INSIGNIA power banks have to transfer to other electronic devices…
In November 2018, a class-action lawsuit was filed against RFA Brands for allegedly misrepresenting the milliampere-hours (mAh) of myCharge Power Banks (portable power sources that can be used to charge…
Lawsuits allege app fails to disclose lack of protections against fraud and recourse for the defrauded.
The pandemic has also triggered lawsuits over privacy issues with some video conferencing apps, and more.
The OCC is charged with regulating and supervising all national banks and federal savings associations in order to ensure that they comply with relevant laws and treat customers fairly. As…
The Federal Deposit Insurance Corporation (FDIC), which was formed in 1933, is a U.S. government corporation that generally focuses on guaranteeing the safety of deposits in member banks.
Allegations: Misleadingly representing that Klarna is a free service without adequately warning consumers of the risk that banks processing payments will charge them overdraft fees
Allegations: Marketing Zelle as “backed by banks,” “safe” and providing accountholders with “Zero Fraud Liability” when the credit union denies fraud claims without explanation or recourse
Allegations: Misleadingly marketing Zelle as a fast and “free” way to send money and as a service that “won’t cost you any extra money for the transaction” without disclosing that,…
Allegations: Misleadingly marketing itself as a free service without adequately disclosing the risk that consumers will be charged overdraft fees by banks processing payments
More than 150 class-action lawsuits have been filed against regional and national banks.