Wells Fargo overdraft fee dispute being heard by 11th Circuit today

9:18 am Aug. 24, 2017

By changing the order of customers’ debit transactions, Wells Fargo for years racked up extra money through overdraft charges. It worked like this: You have $100 in your checking account and first draw $25, then have a transaction for $75 and later another for $100. The bank would reorder the transactions, putting the $100 one first so it could collect overdraft fees on two charges instead of one.

Consumers filed class

Atlanta wealth adviser defrauded investors, federal agency says

2:14 pm Jul. 20, 2017

How do you get wealthy? Atlanta resident Arthur Toole III said he knew the way. His burning desire, his website says, is to “destroy the barriers between you and your wealth.”

What he destroyed, a federal agency says, were investments by people who followed his advice. They are out more than $293,000, the Commodity Futures Trading Commission said Thursday.

Through his companies Billionaire Investor Group, The Toole Group and Catalyst

Used car dealers didn’t warn buyers about possible safety recalls, FTC says

7:30 am Apr. 1, 2017

In selling used cars, CarMax, Georgia-based Asbury Automotive Group and West-Herr Automotive Group advertised how rigorously they inspected them.

But the dealers didn’t adequately disclose that some of the cars needed repairs because of safety recalls, the Federal Trade Commission charged.

On Friday, the three companies were ordered to mail notices to customers to let them know that vehicles they bought as far back as July 1, 2013,