Visa Slapped With Class Action Over Zipcar Policy

Law360, Los Angeles (November 4, 2013, 6:21 PM EST) -- Visa Inc. was hit with a proposed class action in California federal court on Monday by a cardholder who says the company implemented a policy to refuse promised benefits to those who rented Zipcars because it is “not a car rental company.”

The lawsuit raises allegations that the policy resulted in a breach of Visa’s promise to provide Visa credit cardholders with a benefit known as the Auto Rental Collision Damage Waiver. With the Auto Rental CDW, Visa offers to reimburse cardholders for money owed for...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Davis v. Visa, Inc.


Case Number

3:13-cv-05125

Court

California Northern

Nature of Suit

Contract: Other

Judge

Charles R. Breyer

Date Filed

November 4, 2013

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.