Lawsuit Accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of Failing To Protect Customers From $870,000,000 in Losses Abruptly Dropped by US Government

The Consumer Financial Protection Bureau (CFPB) has abruptly dropped a lawsuit accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of failing to protect consumers from $870 million in losses on the Zelle network over seven years. The lawsuit, filed in December, alleged Zelle’s parent company and the big banks often left victims of […] The post Lawsuit Accusing JPMorgan Chase, Wells... source: https://dailyhodl.com/2025/03/04/lawsuit-accusing-jpmorgan-chase-wells-fargo-bank-of-america-and-zelle-of-failing-to-protect-customers-from-870000000-in-losses-abruptly-dropped-by-us-government/