By Dakota Smith, Daily News, Los Angeles |
Filed Monday in
Customers faced fees for each account opened, Feuer's office alleged. In some cases, customers also received "derogatory notes" on their credit reports after failing to pay fees on unauthorized accounts.
The bank also failed to tell customers of misuse of their personal information, the suit alleges.
Speaking at a Tuesday news conference, Feuer said the bank "elevated its profits over the legal rights" of its customers. He also announced the formation of a hotline to report issues related to
"We urge every
"We will vigorously defend ourselves against these allegations," Martinez wrote.
Headquartered in
Feuer's lawsuit claims the bank's managers and bankers engage in "gaming," which consists of "opening and manipulating fee-generating customer accounts" in order to meet sales quotas.
The suit claims
Feuer's lawsuit names
The suit seeks civil penalties of
— Staff writer
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