Collateral Protection Insurance Investigation

Squitieri & Fearon, LLP is investigating allegations that certain banks may be charging their borrowers for unnecessary and unauthorized car and automobile insurance called “Collateral Protection Insurance” (CPI).  Lenders are force-placing collateral protection insurance without proper notice to the consumer, and even purchasing coverage for borrowers who provided evidence of applicable insurance coverage.  Often the more »

Fair Credit Reporting Investigation

Squitieri & Fearon, LLP is currently investigating lenders’ unlawful practices of pulling consumers’ credit reports without cause or consent. Credit reports contain personal information that is protected by federal law. Lenders can only check a person’s credit report for a reason expressly authorized under the Fair Credit Reporting Act. However, lenders systemically overstep their authority more »

Fast Food Restaurant Wage and Hour Investigation

Squitieri & Fearon, LLP is investigating claims for current or former employees in fast food restaurants who have not been paid minimum wage, have been denied overtime, have not been paid for all hours that the employee worked because their employer required that some of their work be done “off the clock,” or have not more »

UBS Puerto Rico Municipal Bonds and UBS Bond Funds, including the UBS Tax Free Puerto Rico Fund II Investigation

Squitieri & Fearon, LLP is investigating claims for investors who have lost money by investing through UBS in Puerto Rico municipal bonds or bond funds. We are investigating claims that UBS brokers encouraged investors to buy Puerto Rican municipal bonds and were suggesting that their brokerage customers borrow money on home equity lines of credit to more »

Hospital/Overtime Investigation

Squitieri & Fearon, LLP is investigating claims for workers in hospitals, nursing homes, and health care facilities who have been denied overtime pay because their employer averages their hours over a two-week period. The wage-and-hour law in some states requires employers to pay health care workers “time-and-a-half” overtime wages based upon a 40-hour “workweek” basis. more »

Pay Card/ATM Card/Cash Card (Paycheck Substitute) Class Action Investigation

Squitieri & Fearon, LLP is investigating employers who pay employees using ATM cards.  A growing number companies are no longer using paychecks to pay their employees and are instead issuing A.T.M. cards, debit cards and cash cards to employees. 

Forced-Place Insurance Investigation

We are investigating claims on behalf of customers with mortgages who have been forced placed insurance. When a borrower’s homeowner’s, hazard, flood or wind insurance policy lapses, the bank holding a mortgage may “force place” insurance on the borrower.  However, many banks have turned this into a profit center by placing that insurance through their own affiliates at premiums rates that are significantly higher than market rates.

Court Grants Preliminary Approval To $2.55 Million Proposed Settlement With Defendants In Ambac Erisa Litigation

The Court has granted preliminary approval to the proposed settlement of $2.55 million in Veera v. Ambac Plan Administrative Committee, et al., 10-cv-4191 (HB) (S.D.N.Y).  In his class action complaint, Plaintiff Veera brought a lawsuit against the fiduciaries of the Ambac Financial Group, Inc. Savings Incentive Plan (“Plan”) in connection with the losses suffered by more »

Mortgage Lender Late Fee Investigation

We are investigating claims against mortgage lenders for imposing late fees when borrowers make timely payments.

Retained Asset Account Investigation

We are investigating possible claims against certain insurance companies who maintained “retained asset accounts”, mostly on behalf of life insurance beneficiaries and traumatic injury survivors.