Financial Services Class Actions
Highly Experienced Class Action Litigators
As consumers, whether we are borrowers, homeowners, or other customers of financial institutions, we are protected by numerous state and federal laws that prohibit deceptive and unfair practices by banks and lenders. When a financial institution or one of its employees or representatives fails to uphold their fiduciary duty or acts negligently or intentionally and wrongs its customers, a civil suit can be brought to help wronged parties recoup their losses. When a significant number of people suffer similar harm, a class action may be brought against the at-fault party.
McCune Law Group has a history of aggressive class action representation that spans over 30 years. Serving the Inland Empire and the entire U.S., we have represented consumers in financial services class action litigation involving overbilling, mortgage fraud, and more. One of our most notable cases involved a $203 million verdict in a class action against Wells Fargo for unfair overdraft fees imposed on its California customers. We have recovered over a billion dollars in verdicts and settlements, across our practice areas.
If you’d like to contact us regarding your potential financial services case, fill out our form today.
Unfair and Illegal Overdraft and NSF Fees
One of the most common ways banks and credit unions make money is by charging their consumers exorbitant overdraft and nonsufficient funds (NSF) fees. The idea behind overdraft fees, is that when a customer makes a transaction but does not have enough money to cover it, the financial institution will cover it with their own funds and charge the customer a service fee for this short-term loan.
However, financial institutions have concocted numerous ways to unfairly charge their customers overdraft and NSF fees when the account actually has money in the account to pay the transaction. Their methods include not giving customers credit for deposits, deducting money from the account for an authorized payment even though it has not yet come in for and more. These practices unfairly prey on those who are least able to afford exorbitant fees.
If you’ve been charged unfair overdraft or NSF fees by your financial institution, complete our form and we will contact you.
Types of Financial Services Class Actions
There are different types of class actions that may apply in the financial realm. They may pertain to overbilling or other unfair billing practices, to the nature of financial agreements themselves, or to the management of customers’ personal information. In all of these areas, our class action lawyers have the skill and resources to face off against the largest financial institutions in the U.S. and across the planet.
Our attorneys can take on cases involving:
- Creation of fraudulent accounts and banking fraud
- Employee whistleblower claims
- Mortgage and lending fraud
- Discrimination in lending to people of color
- Privacy and data breach violations
- Unfair overdraft and other fees
- Violations of consumer protection statutes
Serving Consumers in the Inland Empire & Throughout the U.S.
When large corporations are only interested in protecting their bottom line, at the expense of their consumers and in violation of state and federal law, we are here to seek justice. Our class action lawyers are familiar with all the tactics used by banks and lenders and effectively level the playing field by competently representing the interests of consumers who have been wronged.
Complete our form today to learn how we can help you.