The Consumer Financial Protection Bureau has filed a flurry of suits against major U.S. firms in recent months as the Biden administration winds down.
The U.S. Consumer Financial Protection Bureau (CFPB) accused Walmart (WMT.N) and workforce payments company Branch Messenger on Monday of forcing over one million delivery drivers to use accounts that cost them more than $10 million in junk fees.
The Consumer Financial Protection Bureau filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts in order to get paid.
The Consumer Financial Protection Bureau has filed a lawsuit against Walmart, alleging the company forced delivery drivers to use costly deposit accounts to get
Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, complicated deposit accounts in order to get paid and raked-in millions in the process.
A consumer protection agency has sued Walmart Inc. and a digital banking firm, claiming the companies forced a million Spark delivery drivers to use costly bank accounts and charged them more than $10 million in fees.
The Consumer Financial Protection Bureau has filed a lawsuit, claiming Walmart and financial technology company Branch Messenger forced more than one million gig workers to use expensive deposit accounts to access their paychecks. This involves independent contractors who drove for the Walmart Spark platform.
Walmart Inc. (NYSE:WMT) shares are trading lower on Monday. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the company and Branch Messenger over concerns regarding junk fees.
The federal Consumer Financial Protection Bureau has sued Walmart over the way it treats its "Spark Drivers." The lawsuit alleges that Walmart illegally opened bank accounts in the drivers' names by using their personal data—including Social Security numbers—without authorization,
Wells Fargo, JPMorgan Chase and Bank of America are being sued by the Consumer Financial Protection Bureau over claims of unchecked fraud on the Zelle payment app -- setting up a legal showdown that the incoming Trump administration could quash as soon as next month.
Walmart allegedly funneled its Spark Drivers into mandatory deposit accounts, stripping them of their right to choose how they get paid. $10 Million in ‘Junk Fees’: The government claims Walmart and Branch Messenger raked in millions from drivers desperate to access their own earnings.