Credit-Card Holders Seek Cert. In HSBC Late Fee Spat

By Liz McKenzie

Law360, New York (December 23, 2009, 3:35 PM ET) -- HSBC Bank USA NA customers alleging that the bank charged late fees to those who made their payments on time via first-class mail, despite its promise to register payments based on receipt date, have moved for class certification.

The plaintiffs, all former or current HSBC credit-card holders, filed a motion for class certification Tuesday in the U.S. District Court for the Central District of California.

“This case is ideally suited for class treatment because each class member's claims arise from uniform promises communicated in cardholder agreements...
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