August 26, 2015
After both a New York district court and the Second Circuit denied class certification in a case accusing a Xerox Corp. unit and U.S. Bank NA of deceiving student loan borrowers, the parties on Tuesday jointly discontinued the case, saying a settlement had been reached.
September 30, 2013
A New York judge on Friday rejected efforts by U.S. Bank NA and others to toss a putative class action accusing them of deceiving student loan borrowers, trimming unjust enrichment and some contract claims but otherwise leaving the suit intact.