CPM's Unfair Competition Litigation Against HSBC Moves Towards Trial in New YorkÂ
Complaing Alleges that HSBC Violated Unfair Competition Acts Via Overdraft Scheme to Increase Revenues
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CPM’s attorneys Joe Cotchett and Nancy Fineman along with its Interim Class co-counsel are moving towards trial in this overdraft fee litigation pending in New York federal court. The complaint alleges that HSBC violated California’s and New York’s unfair competition acts because the bank implemented an overdraft scheme to increase revenues.