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Chase Bank TCPA Settlement

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Chase Bank TCPA Settlement Details – Old Class Action Settlement From 2015

Class Members’ Claims In The CPS TCPA Settlement: The Details You Missed

“This is an old class action settlement from 2015”

Chase Bank has agreed to a settlement regarding a case that has been filed against them concerning alleged violations of the Telephone Consumer Protection Act (TCPA) and its provisions. 

The CPS TCPA Settlement pool amounted to $34 million, divided pro-rata among qualified claims made by eligible class members.

But who are those individuals that are entitled to a claim?

Certified class members are those who have received a collection call or wrong-party automatic alerts from Chase Bank between July 1, 2008, and December 1, 2013. 

This means that you were not the originally intended recipient of such calls and alerts, yet you happened to receive any of the two during the period mentioned above. 

An estimated cash claim worth $20 to $40 is set to be given to eligible recipients. 

With the submission deadline set in late 2015, many have already made their claims and received them soon afterward.

Unfortunately, Chase Bank customers that received automatic alerts regarding their accounts are not a part of the settlement process. What they can do is that they can express their intention of not receiving any similar alerts in the future. 

The CPS TCPA settlement resulted from a class action lawsuit filed by Jonathan Gehrich against Chase Bank USA NA and JP Morgan Chase Bank NA in the District Court for the Northern District of Illinois, Eastern Division. 

The plaintiff claimed that the bank had violated TCPA rules by employing an automatic telephone dialing system as well as a prerecorded reel when they sent out text messages and calls to individuals during the class period. 

Many of these people were not the intended recipients of these alerts, and some are not even clients of Chase Bank.

The class action argues that this is illegal under the provisions of the TCPA. Chase Bank has vehemently denied the allegations thrown against them and agreed to the settlement to end the ongoing litigation. 

Reports dating back to 2017 show that many eligible class members have already started the process of claiming their settlement awards. 

Chase Bank Branch In Chinatown Manhattan

About Chase Bank

Chase Bank is a New York City-headquartered banking company. A subsidiary of JP Morgan Chase, it has more than 5,000 branches and over 16,000 ATMs spread across the United States.

Headed by its CEO Jamie Dimon, the bank has a strong global presence in 100 countries. 

Official Site: About Chase Bank

Editor’s Note on Chase Bank TCPA Settlement:

This article aims to revisit the details of the CPS TCPA settlement wherein Chase Bank customers have been allegedly affected by the bank’s violations of the Telephone Consumer Protection Act. 

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Disclaimer: This is an old post we have covered upon the request of one of our subscribers. 

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