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Flashback Friday

In 1998, a 10-cent bill was found with other artifacts from Dubuque’s history in the late 1800s in a time capsule found in a cornerstone of the American Tower Building.

Judge allows class action alleging bank jacks up overdraft fees

A Superior Court judge has allowed a putative class action to go forward that alleges a local bank unlawfully maximizes its revenues from overdraft fees by delaying the availability of deposits and piling on the charges whenever a debit transaction that has initially been returned for insufficient funds is resubmitted for payment. Judge Peter B.

Banks and banking – Delayed deposit theory – Multiple fee theory | Massachusetts Lawyers Weekly

Where a defendant bank has moved to dismiss a complaint filed by a plaintiff who held a checking account, that motion should be denied with respect to the plaintiff’s two breach of contract counts, as the allegations are sufficient to show a plausible entitlement to relief on the plaintiff’s “delayed deposit” theory and his “multiple

Banks and banking – Unemployment benefits – Account freezes

Where a plaintiff has alleged that the defendant bank failed to properly administer Massachusetts Department of Unemployment Assistance unemployment insurance funds, the bank’s motion to dismiss the complaint should be allowed in part and denied in part, as (1) the plaintiff’s negligence counts are barred by the economic loss doctrine, (2) the plaintiff has sufficiently

Bank collapses bring questions of all sizes

Customers and bystanders form a line outside a Silicon Valley Bank branch location in Wellesley on March 13. (ASSOCIATED PRESS) The federal government may have rescued depositors of the failed Silicon Valley and Signature banks, but Massachusetts attorneys who have spent every waking hour of the past two-plus weeks responding to the concerns of anxious

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