3 Ways Citibank Misled Consumers
July 23rd, 2015
Citibank's shady credit card practices leads to $700 million in customer refunds.
Browsing the "banks" Tag
Higher One Accounts
June 25th, 2015
December 2014: A federal judge granted final approval of the settlement of this lawsuit. June 2014: A federal judge preliminarily
ING Orange Loan Rate Renew Guarantee
October 20th, 2014
In October 2014, a federal judge approved a $20,350,000 settlement of a false advertising class-action lawsuit against ING Bank .
Bank of America to Pay $727 Million in Deceptive Marketing Settlement
April 9th, 2014
CFPB order provides refunds to consumers harmed by Bank of America's practices.
Bank of America
June 12th, 2013
A direct mail advertisement by Bank of America promoting low refinancing rates for homeowners has some consumer advocates concerned the
HSBC Auto-Dial
January 9th, 2013
In January 2013, a class-action lawsuit was filed against HSBC claiming that it auto-dialed cell phones without permission and left
Office of Comptroller of the Currency
January 10th, 2012
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 part of that mission, the OCC regulates advertisements by these entities.
National Credit Union Administration
January 10th, 2012
Since 1970, the National Credit Union Administration (NCUA) has been the regulator and primary enforcement authority for federal credit unions. Among its many responsibilities, the NCUA is charged with enforcing its advertising regulations.
Federal Deposit Insurance Corporation
January 10th, 2012
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.
How to Make a Cool $160 Million Through Deceptive Marketing
December 8th, 2011
(U.S. Securities and Exchange Commission v. Citigroup Global Markets, Inc.) Step 1: Create a billion dollar fund by unloading assets