80% of NCUA lawsuit claims waved forward after Kansas Federal District Court ruling.
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 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.
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.
The pre-trial jousting in the case of NCUA vs. a roster of onetime top officers at failed corporate credit union WesCorp continued.
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.
Pasadena CU to pay up to $10 per complaint, with maximum total loss set at $33,889.
Mobile banking technology developer had sued Intuit Financial Services, several credit unions and banks.
James Countryman says he was fired for telling board he would talk to NCUA about conflicts of interest at his CU.
Detroit court rules credit union is entitled to $5 million in damages and another $2.7 million in interest.