Consumers who use online payday lenders may be taken advantage of twice: first, by the lenders’ triple-digit interest rates that flout state caps, then with fees tacked on by the borrowers’ own banks.
lawsuit
Bain Capital, Private Equity Firms Accused of Price Fixing in Lawsuit
Mitt Romney’s presidential run has had the ancillary effect of increasing scrutiny of the private equity industry. After all, Romney founded the private equity outfit Bain Capital, and has built his case for the presidency in …
Facebook’s $10 Million Privacy Payout: Why You Get Nothing
The technology industry is trapped in a cycle of privacy breaches and class actions that do nothing for the average Internet user. The new Facebook settlement is the latest example.
The Beginning of the End of the Unpaid Internship
In August 2011, when Diana Wang began her seventh unpaid internship, this time at Harper’s Bazaar, the legendary high-end fashion magazine, she figured that her previous six internships – at a modeling agency, a PR firm, a …
Survey: Social Media Evidence Soaring in Court Cases
Every week the media seems to offer a new account of some dumb crook who is off to the slammer because he posted about his caper on Facebook. It turns out this phenomenon may be even more widespread than we think.
Facebook Asks Court to Throw Out ‘Fraudulent’ Paul Ceglia Lawsuit
Social networking giant Facebook hopes to finally put an end to a bizarre lawsuit filed by an upstate New York former wood-pellet salesman who claims he owns half of the tech phenom. In a motion to dismiss the case Monday, …
Can Every iPhone User Sue AT&T for $850?
An out-of-work truck driver from California made headlines on Friday when he turned the tables on AT&T, and stuck it to the phone giant in small claims court.
Why You Can Get Fired for Working Too Much
The traditional reasons for letting an employee go include not getting to work on time, not doing the work assigned and unprofessional behavior. Now add this one: working during lunch.
Attorney Suing Airline for Not Accepting Cash
Customers Fight Back Against Overdraft Fee Tricks
A judge recently granted class-action status to a group of consumers who filed a lawsuit against Union Bank, claiming the San Francisco-based institution manipulated the order of transactions in order to maximize overdraft fees. Consumer advocates say that if the consumers prevail, it will send a strong message to other banks that they …
Federal Lawsuit Filed Over 75¢ Hotel Fee
Think you’re sick of getting nickel-and-dimed with fees when you travel? Meet the man who is literally making a federal case out of a 75¢ charge for the “complimentary” newspaper placed outside his hotel room door.
J.P. Morgan Chase Tight-Lipped About Credit Card Debt Lawsuit Dismissals
Mortgage lenders are under scrutiny for their foreclosure practices and record-keeping, including abuses like so-called “robosigning” and trying to foreclose on homes without proper documentation. Bank of America agreed to pay …
