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Fidelity Bank Could Settle in Ongoing Ponzi Scheme Lawsuit

by Banker & Tradesman | Dec 30, 2020

Leominster-based Fidelity Bank and its former president have agreed to a $22.5 million settlement in a class-action lawsuit related to the TelexFree Ponzi scheme, according to a statement from the plaintiff’s attorneys.

DCU Pushes Back Against Overdraft Lawsuit

by Bram Berkowitz | Nov 29, 2018

Marlborough-based Digital Federal Credit Union continues to fight a class action lawsuit alleging the $8.5 billion asset institution unjustly charged overdraft fees.

Overdraft Lawsuit Against DCU to Move Forward

by Bram Berkowitz | Nov 13, 2018

Marlborough-based Digital Federal Credit Union will face a class action lawsuit that alleges the $8.5 billion asset institution unjustly charged overdraft fees, a federal judge ruled last week.

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