News & Analysis as of

Motion to Dismiss Fees Financial Services Industry

Orrick, Herrington & Sutcliffe LLP

District court allows lawsuit on earned wage access alleging potential TILA and Pennsylvania usury violations to proceed

On August 28, the U.S. District Court for the Eastern District of Pennsylvania denied a motion to dismiss a proposed class action against a financial services company offering earned wage access products in the form of cash...more

Ballard Spahr LLP

Minnesota Bankers Association appeals dismissal of lawsuit against FDIC over NSF fee guidance

Ballard Spahr LLP on

On June 5, 2024, Minnesota Bankers Association and Lake Central Bank (“Plaintiffs”), filed a notice of appeal to the United States Court of Appeals for the Eighth Circuit to appeal the Minnesota federal district court’s April...more

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