Telemarketing Scam Victims Seek Class Cert. Against Zions

Law360, Philadelphia (January 17, 2013, 5:04 PM EST) -- An attorney hoping to represent what he said was nearly 400,000 plaintiffs told a Philadelphia federal judge Thursday that customers accusing a Zions Bancorp subsidiary of complicity in a fraudulent telemarketing scheme warranted class certification.

The putative class action, filed on behalf of Philadelphia-area resident Reynaldo Reyes in 2010, alleges that a group of telemarketers, none of which is named as a defendant in the suit, contracted with Zions subsidiary Zions First National Bank to establish accounts in the names of customers in order to deposit...
To view the full article, register now.