Judge orders class notice to be mailed in Chase credit card class action

October 7, 2011 by

On September 27, 2011, Judge Maxine Chesney in the federal district court in San Francisco ordered that a class notice was to be mailed to all class members in the “Check Loan” Chase Credit Card class action.  The lawsuit claims that Chase violated the implied covenant of good faith and fair dealing when it increased the minimum payment from 2% to 5% of the outstanding balance.  The notices should be mailed out shortly, and the opt out deadline will be January 30, 2012, or 60 days after the summary notice is mailed.

Attached is the form of the summary notice the court approved:  Chase Notice

Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, consumer cases, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, employment matters, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.

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