HSBC To Pay $13M To End Privacy Row Over Recorded Calls

Law360, Los Angeles (August 26, 2016, 10:28 PM EDT) -- HSBC Card Services Inc. has agreed to pay $13 million to resolve a consolidated proposed class action accusing the company of unlawfully recording debt-collection calls without the consent of consumers, according to documents filed Friday in California federal court.

In three nearly identical putative class actions, consumers accuse HSBC of violating the California Invasion of Privacy Act by recording without permission phone conversations with California account holders discussing their HSBC credit card accounts. (Credit: AP) In asking U.S. District Judge James V. Selna to grant preliminary approval of the deal, the consumers said terms of the deal were fair and reasonable...

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