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NORTHERN CALIFORNIA RECORD

Friday, April 19, 2024

Discover Financial Services, others accused of unfair competition

Chipcard

SACRAMENTO – A California district attorney is suing several financial institutions alleging that they unlawfully engaged in deceptive practices in order to sell their products and services.

The people of the state of California ex rel., and Trinity County District Attorney Eric L. Heryford filed a complaint on March 4, in the U.S. District Court Eastern District of California, Sacramento Division against Discover Financial Services, Discover Bank, DFS Services LLC, and American Bankers Management Co. Inc., citing violation of the Unfair Competition Law.

According to the complaint, the plaintiffs allege that the defendants offer ancillary products and services to California credit card owners and fail to disclose important terms, obtain knowing consent to enroll in these services, and did not adequately handle requests to cancel these services. The suit states these ancillary products were offered to Discover cardholders.

The plaintiffs seek the following: equitable relief, restitution of all allegedly ill-gotten monies paid, all legal fees incurred by this lawsuit, and any other relief as the court deems just and proper. They are represented by Heryford of Weaverville, Roland Tellis of Baron & Budd PC in Encino, and Kirk J. Wolden and Clifford L. Carter of Carter Wolden Curtis LLP in Sacramento.

U.S. District Court Eastern District of California, Sacramento Division Case number 2:16-at-00261

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