Early Warning Services, LLC; Bank of America, N.A.; JPMorgan Chase Bank, N.A.; Wells Fargo Bank, N.A
On December 20, 2024, the Bureau filed a lawsuit against Early Warning Services, LLC, Bank of America, N.A., JPMorgan Chase Bank, N.A., and Wells Fargo Bank, N.A. The Bureau alleged that the defendants violated the Consumer Financial Protection Act of 2010’s prohibition on unfair acts or practices, and that the banks violated the Electronic Fund Transfer Act and its implementing Regulation E.
On March 4, 2025, the Bureau filed a notice voluntarily dismissing the action against all defendants with prejudice, and on March 5, 2025, the court dismissed the case with prejudice.
RELATED DOCUMENTS
Order of Dismissal with Prejudice
PRESS RELEASE
CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for Allowing Fraud to Fester on Zelle