NY AG's Payroll Card Inquiry Makes Way For Nationwide Suits

By Erin Coe (July 3, 2013, 11:17 PM EDT) -- The New York attorney general's recent request for information from Wal-Mart Stores Inc., Home Depot Inc. and other employers about the practice of compensating workers via payroll debit cards that may incur bank fee charges could trigger a wave of suits across the U.S. against employers and banks, as well as bills by state lawmakers looking to remove fees from the wage payment process, experts said Wednesday.

In letters sent Tuesday, Attorney General Eric Schneiderman asked about 20 companies to disclose their payroll card practices, raising questions over whether their use of prepaid cards to pay hourly workers complies with New...

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