finally, a class action settlement involving the "required" chattahoochee tech debit card and all the hidden fees.......
maybe kennesaw college or west georgia will be next !
here are some of the details:
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF CONNECTICUT
A federal court authorized this notice. It is not a solicitation from a lawyer.
If you opened a Higher One OneAccount bank account between July 1, 2006 and August 2, 2012 and
incurred a fee, you may be eligible for a payment from a class action settlement.
A $15 million proposed Settlement has been reached in class action litigation against Higher One Holdings, Inc., Higher One, Inc., The Bancorp Bank, Wright Express Financial Services Corporation now known as WEX Bank, and Taylor Capital Group, Inc. (“Defendants”) regarding the fees charged for and the marketing of Higher One OneAccount bank accounts. The Litigation is pending in the United States District Court for the District of Connecticut, No. 3:12-md-2407, before the Honorable Vanessa L. Bryant.
What is this case about? Plaintiffs claim that Defendants’ marketing did not adequately disclose the refund disbursement methods available to students for their tuition and financial aid refunds and that Defendants charged inadequately disclosed and otherwise improper fees, such as PIN Based Transaction Fees and Non-Higher One ATM Fees, for use of OneAccounts. Plaintiffs assert that Defendants’ practices breached the Account Terms and Conditions, unjustly enriched Defendants, and violated various state consumer protection laws. Defendants maintain that there was nothing wrong with their marketing and fee practices and that they did not violate any laws. The Court has not decided which side is right.
How and When Do I Get Paid? You must submit a Claim by January 23, 2015 to participate in the Settlement. Once the Settlement is approved and becomes final (including after any appeals are dismissed), and once all timely Claims are processed, Settlement funds will be distributed promptly.