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Financial Fraud

What is Financial Fraud?

Financial fraud is any deceptive or fraudulent business practice that takes place during a financial transaction. Financial fraud can take many different forms, including bank fraud, credit card fraud, and billing fraud, and can affect private individuals, companies, organizations, and even states.

Representing victims of Financial Fraud

At Girard Gibbs, we represent consumers in financial fraud class action lawsuits, which allow consumers to join together to bring legal claims for violation of their rights. Our attorneys have successfully litigated cases against some of the nation’s largest corporations, including American Express, Chase Bank, and Providian.

Our financial fraud attorneys also represent victims of securities fraud and financial investment fraud, such as Ponzi schemes, pyramid schemes, Real Estate Investment Trusts (REITs), and Exchange Traded Funds (ETFs).

Our featured financial fraud class action lawsuits

H&R Block Express IRA Class Action Lawsuit

Girard Gibbs represented H&R Block customers in a class action lawsuit alleging that H&R Block had misled consumers about the benefits and fees associated with its Express IRAs. The class action lawsuit alleged that consumers who opened Express IRAs lost money because H&R Block’s fees for the accounts exceeded the interest earned by the accounts. Serving as Court-appointed lead counsel, Girard Gibbs achieved a settlement worth $19.4 million for consumers, providing cash reimbursements and more.

American Fair Credit Association (AFCA) Class Action Lawsuit

Girard Gibbs represented California residents who were members of the American Fair Credit Association (AFCA) in a class action lawsuit alleging that AFACA had deceived and misled its customers about programs to repair their credit. Judge Ronald Sabraw of the Alameda County Superior Court and Judge Maxine Chesney of the U.S. District Court for the Northern District of California granted final approval to settlement for class members valued at $40 million.

Chase Bank Class Action Lawsuit

Girard Gibbs represented Chase Bank customers in a class action lawsuit alleging that Chase Bank illegally changed the terms of certain loans provided to customers. The class action alleges that Chase issued loans to customers with a fixed interest rate and minimum payment, but unilaterally changed the terms of the loans by increasing monthly minimum payments.

Report Financial Fraud to our Consumer Attorneys

Speak with our consumer lawyers by filling out the form to the right.