Class Actions Blog

Archive for the ‘Class Actions of Interest’ Category

Wells Fargo customers file another class action alleging they were overcharged for rate-lock extensions

Posted on: October 12th, 2017 by Steve Larson

Wells Fargo has been sued again, this time the complaint alleges that it bilked home loan borrowers by charging them extra fees when their applications were delayed — even when it was the bank’s fault. The new suit is the latest development in a growing controversy over the practices of the bank’s home loan unit and one of several new problems that have emerged at Wells Fargo over the last year in the wake of the bank’s sham-accounts scandal. An investigation has led to the departure of leading sales executives in California and Oregon.

For a link to an article discussing the Wells Fargo problems in more detail, click here.

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Los Angeles Times says that GOP efforts to undermine Consumer Financial Protection Bureau are absurd

Posted on: October 3rd, 2017 by Steve Larson

Here is the quote from the end of an article about the Wells Fargo and Equifax scandals.

“Just as Wells Fargo’s assorted scandals highlight the absurdity of Republican efforts to do away with the Consumer Financial Protection Bureau, the Equifax breach shows the foolishness of deregulating credit agencies.”

Here is the link to the article.

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Another settlement in auto parts antitrust class action – this one with Bosch

Posted on: September 28th, 2017 by Steve Larson

Consumers recently filed a motion for preliminary approval of a settlement with Bosch. Bosch has agreed to pay $33.4 million to settle antitrust lawsuits involving four different types of auto parts. The parts involved in the Bosch settlement are windshield wiper systems, starters, fuel injection systems and spark plugs.

Read more…

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Media just becoming aware that Georgia Representative is seeking to gut the Fair Credit Reporting Act to protect Equifax

Posted on: September 27th, 2017 by Steve Larson

Many articles are now appearing pointing out that Georgia Representative Loudermilk proposed a bill to gut the regulations applicable to Equifax (which is headquartered in Georgia) just before the data breach became public. Here are links to the articles:

Vanity Fair

New Republic

NBC News

Wall Street Journal (paid subscription required)

Law.com

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L.A. Times says Equifax forced arbitration clause is not the outrage, it is all the others

Posted on: September 26th, 2017 by Steve Larson

David Lazarus, a business reporter for the L.A. Times, wrote an article stating that consumers are just now becoming aware of the forced arbitration issue because of the Equifax attempt to force consumers whose data had been stolen to waive their right to bring cases in court by inserting a forced arbitration clause in the small print of a credit monitoring product that was offered as a remedy for the breach. Mr. Lazarus said the real outrage is that the use of forced arbitration clauses are so pervasive.

Here is the link to the article.

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Petco settles assistant manager overtime class action

Posted on: September 20th, 2017 by Steve Larson

Assistant Managers for Petco Animal Supplies Inc. have reached an $8 million settlement of a wage-and-hour class action alleging it failed to pay assistant store managers for overtime. Under the terms of the settlement, the 900 class members will receive nearly $9,000 each.

Read more…

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The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.

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This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

About the author

  • Steve Larson

  • Steve Larson
  • Steve Larson has been representing investors, consumers and employees in class actions in Oregon for over 20 years. He is a shareholder at the law firm of Stoll Berne in Portland, Oregon.
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