SAN FRANCISCO--(BUSINESS WIRE)--Attorneys at consumer-protection law firm Hagens Berman are investigating reports that credit card issuers may be charging customers illegal fees on credit card balances.
“The need for consumers to protect themselves financially is more important than ever,” said Steve Berman, managing partner at Hagens Berman, which is helping lead the investigation. “We are investigating reports that some credit card issuers aren’t playing by the rules.”
Which Cardholders are Affected?
According to the law firm, those who carried a balance at some point during the past few years on a credit card from a major issuer may have been charged excessive fees and can join the investigation and help hold the companies accountable.
Hagens Berman has extensive experience in litigation against banks, card issuers and other large financial institutions, and most recently recovered over $66 million in a settlement agreement with Visa, Mastercard and several major banks in 2021 regarding ATM fees.
Hagens Berman is a global plaintiffs’ rights complex litigation law firm with a tenacious drive for achieving real results for those harmed by corporate negligence and fraud. Since its founding in 1993, the firm’s determination has earned it numerous national accolades, awards and titles of “Most Feared Plaintiff’s Firm,” MVPs and Trailblazers of class-action law. More about the law firm and its successes can be found at www.hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.