Counterfeit currency has long been a concern in the United States, especially for high-value denominations like the $100 bill, often called the “Benjamin.” With over 11.5 billion $100 bills in circulation, counterfeiters frequently target this denomination due to its value and widespread use. To address this issue, the U.S. Treasury and Federal Reserve have integrated … Read more
Verizon Wireless faced significant scrutiny in 2024 due to a $100 million class-action lawsuit settlement over allegations of deceptive advertising practices. The lawsuit centered on Verizon’s failure to disclose specific administrative fees in its advertised prices, misleading customers about the actual cost of their plans. This practice, deemed deceptive under consumer protection laws such as … Read more
Cash App customers now have the opportunity to claim compensation as part of a $15 million settlement addressing allegations of inadequate security measures. The lawsuit, which resulted from incidents of unauthorized access and account breaches, alleged negligence by Cash App and its parent company, Block (formerly Square). While the companies denied any liability, they agreed … Read more
Wells Fargo, one of the largest financial institutions in the U.S., has been at the center of numerous customer abuse scandals, leading to substantial legal penalties. Customers impacted by these malpractices include those with auto loans, mortgages, and deposit accounts, with compensation tailored to the severity of the violations they experienced. This article explores the … Read more
Student loan debt in the United States has reached $1.7 trillion, impacting over 45 million borrowers. With college tuition increasing at a rate far exceeding wage growth, many borrowers struggle to manage their debt. To address this challenge, the U.S. government offers various student loan forgiveness programs aimed at reducing or eliminating debt for eligible … Read more
A settlement fund ranging from $80 million to $145 million has been established following a class action lawsuit against KIA and Hyundai. The lawsuit alleged that certain models manufactured between 2011 and 2022 were designed without engine immobilizers, a critical anti-theft feature. This omission made the vehicles particularly vulnerable to theft, a problem exacerbated by … Read more
Citibank has agreed to a $29.5 million settlement in response to allegations that it violated the Telephone Consumer Protection Act (TCPA) by making unauthorized robocalls. These calls were made to individuals who were not Citibank customers, urging them to resolve overdue credit card balances. While Citibank has not admitted to any wrongdoing, the settlement provides … Read more
In recent weeks, social media has been abuzz with claims about a $1,000 stimulus check supposedly being distributed to American citizens in November and December 2024. This misinformation, primarily fueled by a viral Facebook video, suggests that the payment is aimed at alleviating financial pressures due to rising national debt and credit card expenses. However, … Read more
Rumors of a $2,600 stimulus payment for senior citizens have been circulating widely on social media, misleading many into believing that the U.S. government has approved such a program. These claims suggest financial aid targeted at individuals aged 65 and older, as well as disabled or blind individuals, to help cope with rising living costs … Read more
As 2024 draws to a close, rumors about an $800 stimulus check have been circulating widely on social media and various websites. These claims suggest the payment is aimed at providing financial relief for low-income individuals and seniors to combat rising costs of living. However, no official confirmation has been made, making it essential to … Read more