Reported 20 days ago
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank, alleging that the regional lender systematically mistreated 3.4 million mostly disabled and elderly customers. This action, part of a civil enforcement initiative, claims that Comerica disconnected calls and charged illegal fees to holders of the 'Direct Express' cards, which provide federal benefit payments. The CFPB's director stated that this conduct prioritized the bank's profits over the well-being of vulnerable Americans.
Source: YAHOO