NJ Bank Sued By Job Applicants Over Credit Reports

Law360, New York (October 6, 2016, 7:14 PM EDT) -- Valley National Bank was slapped with a putative class action in New Jersey federal court Thursday alleging the company obtained consumer reports on job applicants without informing the candidates, in violation of the federal fair credit reporting law.

Named plaintiff Philip Faraone contends that job applications provided by the Wayne, New Jersey-headquartered bank didn't include a stand-alone disclosure of his would-be employer's plans to conduct a background check, in violation of the Fair Credit Reporting Act, according to the complaint.

"Defendant knowingly and willfully violated [the FCRA] by causing a report to be procured and actually procuring a report on named...

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