A Citibank representative declined to comment on the CFPB’s withdrawal, but referred the New York Law Journal to an earlier statement on the case. “Citi closely follows all laws and ...

The bureau dismissed the case without prejudice – meaning it could refile the lawsuit – setting it apart from other recent ...

Citi did not admit to any wrongdoing in its settlement with the CFPB, but it acknowledged in subsequent statements that certain employees went too far in trying to "thwart a well-documented Armenian ...

Citibank has been the subject of multiple lawsuits since it reached the settlement with the CFPB, including several proposed class-action cases in federal court and mass tort cases in state court ...

Details of Lawsuit & Its Dismissal By CFPB In December 2024 ... or offer their clients a legally necessary reimbursement for fraud and errors. The lawsuit alleged that JPM, WFC and BAC customers ...

"This is about financial institutions fulfilling their basic obligations to protect customers' money and help fraud ... its case against online lending platform SoLo Funds. The CFPB has also ...

The banks’ customers lost $870 million to fraud on Zelle’s platform over seven years, according to the lawsuit. The CFPB’s broad effort to abandon the prior administration’s litigation on ...

The Consumer Financial Protection Bureau on Friday dismissed its case against ... potential fraud victims. That lawsuit came one month after Comerica sued the bureau, asserting the CFPB’s ...

The bureau had filed the lawsuit in late December against the operator of Zelle, Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud ... its case ...