Markovits, Stock & DeMarco, LLC, a plaintiffs’ law firm experienced in handling consumer class actions, is investigating claims related to U.S. Bank’s opening of fake accounts without its banking customers’ knowledge.
WHAT HAPPENED?
On July 28, 2022, it was reported that U.S. Bank opened fake bank accounts on behalf of certain of its banking customers without their knowledge. Accordingly to the Washington Post, “For more than a decade, US Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau said Thursday, in a case that is deeply similar to the sales practices scandal uncovered at Wells Fargo last decade.” https://www.washingtonpost.com/business/govt-us-bank-workers-opened-fake-accounts-for-sales-goals/2022/07/28/a84c16c2-0e85-11ed-88e8-c58dc3dbaee2_story.html
The Consumer Financial Protection Bureau fined U.S. Bank approximately $37.5 million for opening the fake accounts.
WHAT SHOULD I DO IF U.S. BANK OPENDED AN AUTHORIZED AND/OR FAKE ACCOUNT IN MY NAME?
Please contact our firm immediately if U.S. Bank opened fake bank accounts in your name to understand your legal rights. If you would like to have a free, confidential consultation with an attorney to learn more about your rights and potential legal remedies relating to U.S. bank opening fake bank accounts on your behalf, please contact Markovits, Stock & DeMarco attorney Terry Coates at (513) 651-3700, email us at [email protected], or submit a Case Evaluation request through the form below.