Keller Rohrback is investigating reports that U.S. Bank employees opened bank and/or credit card accounts in customers’ name without their consent. Are you concerned? We want to hear from you.
July 28, 2022: The Consumer Financial Investigation Bureau (CFPB), a federal consumer watch-dog agency, has issued a consent order against U.S. Bank National Association finding that the bank’s imposed sales goals incentivized employees to wrongfully create unauthorized accounts in consumers’ names. The CFPB order requires U.S. Bank to pay at $37.5 million penalty to the Bureau.
“The Bureau found that U.S. Bank issued credit cards and lines of credit and opened deposit accounts for certain consumers without their knowledge and consent and without required applications and disclosures in violation of the Truth in Lending Act, Truth in Savings Act, and their implementing regulations.”
Keller Rohrback previously represented consumers in a landmark $142 million class action settlement against Wells Fargo Bank, N.A. for similar violations.
If you are a U.S. Bank customer and believe that you had a bank and/or credit card account opened in your name and without your consent, you may be at risk, contact us at [email protected], 800-776-6044, or by using the secure form to the right of this page and learn more about your legal rights.
About Keller Rohrback L.L.P.
Keller Rohrback, a leading consumer protection firm, was the first firm to bring a class action lawsuit against Wells Fargo Bank over its practice of opening unauthorized deposit and credit accounts. With offices in Seattle, Phoenix, Portland, Missoula, New York, Oakland and Santa Barbara, Keller Rohrback serves as lead and co-lead counsel in class actions throughout the country. Our Complex Litigation Group is proud to offer its expertise to clients nationwide, and our trial lawyers have obtained judgments and settlements nearing $50 billion.
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