December 12, 2023
A proposed class action accusing American Express of charging service members unlawfully high interest rates has been put on pause as the Fourth Circuit considers an appeal involving a relevant arbitration enforcement issue in a similar case against Citibank NA.
March 03, 2023
The U.S. Department of Justice is urging a North Carolina federal court to deny bids by American Express and Citibank to force individual arbitration of class actions that allege they overcharged military credit card customers, saying a 2019 federal law overrode the agreements that the banks seek to invoke.
February 28, 2023
American Express wants to be shielded from depositions and document disclosures until a North Carolina federal court rules on whether a cardholder suing for more than $5 million on behalf of a proposed class allegedly denied military discounts has to arbitrate.