U.S. Sues Comerica Bank Over Treatment of Federal Benefits Users
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The U.S. government has filed a lawsuit against Comerica Bank, accusing it of mistreating Direct Express cardholders by hanging up on customer service calls, charging illegal ATM fees, and mishandling fraud complaints.
December 06, 2024 | 3:45 pm
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Comerica Bank is facing a lawsuit from the U.S. government for allegedly mistreating Direct Express cardholders, including hanging up on calls, charging illegal ATM fees, and mishandling fraud complaints.
The lawsuit against Comerica Bank could lead to legal and regulatory challenges, potentially affecting its stock price negatively in the short term. The allegations of mistreatment and illegal fees are serious and could result in financial penalties or reputational damage.
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