lawsuit

• Davidson Named New Supervisory Committee Member at Alloya

  By Zachary Galasi  |  August 22, 2012

  Matt Davidson, executive vice president of Kern Schools FCU, to step into new role.

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  Security Failures: Who Pays The Tab?

  By Robert McGarvey  |  August 5, 2012

  The question does not get any blunter. When cyber-criminals empty a bank or share draft account, who is left holding the losses?

• Card Settlement Retail Opposition Grows

  By David Morrison  |  July 30, 2012

  An increasing number of retailers appear to be coming out in opposition to the recent proposed settlement of the antitrust case centering on credit card interchange.

• Kansas Court Moves NCUA’s Corporate Loss Lawsuits Forward

  By Heather Anderson  |  July 27, 2012

  80% of NCUA lawsuit claims waved forward after Kansas Federal District Court ruling.

• Card Settlement Brings Peace to Payments

  By David Morrison  |  July 22, 2012

  The longstanding dispute over credit card fees and payment practices appeared to come to a close last week when the U.S. District Court for the Eastern District of New York announced a preliminary settlement in a dispute between retailers, the major card brands and at least nine major card issuers.

• Delta Community Settles Commercial Property Suit

  By Michelle A. Samaad  |  July 16, 2012

  Delta Community Credit Union confirmed that is has reached an agreement in a breach of contract suit with a real estate developer, who received a judgment earlier this year for $75.4 million.

• Space Coast CU Dropped From Suit

  July 16, 2012

  A loan participation suit filed two years ago against the defunct Eastern Financial Florida Credit Union to recoup millions in losses will not include Space Coast Credit Union, a federal court recently ruled.

• NCUA vs. WesCorp Officers: Win Some, Lose Some

  By Robert McGarvey  |  January 23, 2012

  The pre-trial jousting in the case of NCUA vs. a roster of onetime top officers at failed corporate credit union WesCorp continued.

• Member Sues Suncoast Over Mortgage Mess

  By David Morrison  |  November 20, 2011

  A Tampa Bay teacher has sued the 511,000-member $4.9 billion Suncoast Schools Federal Credit Union in Florida court, charging the CU repossessed her car after she fell behind on her mortgage payments.

• LA Financial Settles ATM Lawsuit

  By David Morrison  |  August 5, 2011

  Pasadena CU to pay up to $10 per complaint, with maximum total loss set at $33,889.