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Normandin et al v. JPMorgan Chase Bank, N.A. et al

  1. December 22, 2025

    Major Banks Want Loan Rate Collusion Suit Tossed

    Several major banks urged a Connecticut federal judge to toss a proposed class action alleging that for the past 30 years, they have been artificially inflating interest rates on variable-rate loans to consumers and small businesses, arguing the suit fails to plead evidence of a conspiracy among the banks.

  2. October 17, 2025

    Major Banks Colluded For 30 Years To Fix Rates, Suit Says

    Several major banks, including JPMorgan Chase, Bank of America and Wells Fargo, have been hit with a proposed class action in Connecticut federal court alleging that for the past 30 years, they have been artificially inflating interest rates on variable-rate loans to consumers and small businesses.