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That same year, Harris also secured a $60 million settlement with JPMorgan Chase to resolve allegations of illegal debt collection with respect to credit card customers, with the bank also agreeing to change practices that violated California consumer protection laws by collecting incorrect amounts, selling bad credit card debt, and running a ...
The United California Bank burglary took place on 24 March 1972, when the safe deposit vault at United California Bank in Laguna Niguel, California, was broken into and $9 million ($66 million adjusted for inflation) in cash and valuables were looted by professional burglars led by Amil Dinsio. [ 1]
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Robbery. The North Hollywood shootout, also known as the Battle of North Hollywood, [ 2] was a confrontation between two heavily armed and armored bank robbers, Larry Phillips Jr. and Emil Mătăsăreanu, and police officers in the North Hollywood neighborhood of Los Angeles on February 28, 1997. Both robbers were killed, twelve police officers ...
California Gov. Gavin Newsom on Friday signed a bipartisan package of 10 bills that aims to crack down on smash-and-grab robberies and property crimes, making it easier to go after repeat ...
Lincoln National Bank robbery, Lincoln, Nebraska, 1930, $2.7 million ($49.2 million in 2023) in cash and securities. [36] United California Bank robbery, 1972, $9 million ($65.6 million in 2023) in cash and valuables. [37] First National Bank of Arizona, Tucson, 1981, $3.3 million ($11.1 million in 2023) in cash. [38]
The Consumer Financial Protection Bureau finalized a rule limiting credit card late fees to $8. The move could save 45 million people an average $220 per year on late fees.
The settlement stems from a 2005 lawsuit that alleged merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa, Mastercard and their member banks acted in violation ...