A class action lawsuit is a legal claim brought by a large group of plaintiffs. These plaintiffs are called a class. They claim they suffered a similar injury because of a defendant’s wrongdoing. An example of a similar injury suffered by a group of people is an inability to access funds by RushCard.
What is a RushCard?
A RushCard is a prepaid Visa card founded by celebrity Russell Simmons. The card is issued by Metabank. Cardholders using the RushCard can load money onto the card and use it like a credit card to pay bills or make purchases.
Why are People Suing RushCard?
During October 2015, cardholders weren’t able to access their money. Those who had access to their money discovered they:
- Were locked out of their accounts
- Found discrepancies in their account balances
- Were charged ATM fees for failed transactions while they were locked out of their accounts
What are Plaintiffs Accusing RushCard of doing?
They accuse RushCard of being liable of negligence, fraud, and misrepresentation.
How Does Section 30 of the RushCard Cardholder Agreement Affect My Case?
Section 30 of the RushCard Cardholder Agreement require individuals to arbitrate disputes instead of suing. Plaintiffs believe the section doesn’t affect the class action lawsuit because it goes against public policy.
What is an Arbitration Clause?
An arbitration clause is a part of a contract where parties agree not to sue each other in the event of a dispute.
What’s the Difference between Arbitration and a Class Action Lawsuit?
Mandatory arbitration requires a cardholder to discuss the problem in front of an arbitrator. The arbitrator makes a decision about who will win. In a class action lawsuit, a group of plaintiffs are allowed to sue. With a class action lawsuit, a judge or jury determines who is liable.
Do I Need an Attorney with Help with the RushCard?
Yes. To understand more about your rights, contact a personal injury attorney.
