In re Chase Bank USA, N.A. “Check Loan” Contract Litigation
Nov 19, 2012OUTCOME: On November 19, 2012, U.S. District Judge Maxine M. Chesney granted final approval of a $100 million settlement with JPMorgan Chase & Co. on behalf of Chase cardholders.
Eric Gibbs was appointed as class counsel on the Plaintiffs’ Executive Committee in this nationwide class action lawsuit alleging that Chase Bank wronged consumers by offering them long-term fixed-rate ... loans and then attempting to deny them the benefit of their bargain by more than doubling their loan payments.
