Synchrony Invaded Customers' Privacy With Software, Lawsuit Claims | The Recorder (2024)

03/27/2024
New York Law Journal

In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.


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03/06/2024
Connecticut Law Tribune

Congratulations to FLB Law's Newest Partner Matthias J. Sportini


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03/04/2024
New Jersey Law Journal

Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/


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Synchrony Invaded Customers' Privacy With Software, Lawsuit Claims  | The Recorder (2024)

FAQs

Are there any class action lawsuits against Synchrony Bank? ›

A class action complaint has been filed against Synchrony. Among other things, the action alleges that Synchrony falsely represented that its consistent and disciplined underwriting practices had led to a higher quality loan portfolio than those of its competitors.

What is the Synchrony Bank scandal? ›

Complaints raised against Synchrony Bank debt collection range from unfair late fees charges, contacting consumers for a debt they already cleared, refusing to remove a false debt from the credit report, and speaking to unprofessional agents.

What is the lawsuit against Lucas v Synchrony? ›

Lucas filed a class action lawsuit against Synchrony alleging that it violated the TCPA by using an artificial or prerecorded voice in connection with calls it placed to cellular telephones without prior express consent. Synchrony denies the allegations, and denies that it violated the TCPA.

Can Synchrony Bank take you to court? ›

Synchrony Bank does sue for defaulted credit card debt. If it cannot collect payments from consumers that use Synchrony-branded or store credit cards, it may file debt collection lawsuits to try to get the money.

Why is Synchrony Bank suing me? ›

Synchrony Bank files lawsuits throughout the State of Texas for debt collection. Don't panic. Being sued is a scary, nerve-wracking experience.

Is Synchrony Bank in danger? ›

Synchrony Financial's threat of distress is below 1% at the present time. The company is very unlikely to encounter any financial straits in the next two years.

Is Synchrony Bank closing? ›

Synchrony Bank never closes, so we're always available to help.

Why did Walmart stop using Synchrony Bank? ›

Synchrony Bank previously issued the Walmart cards, but their partnership ended with a lawsuit from Walmart alleging financial hardship, while Synchrony publicly claimed the retailer was attempting to breach their contract and avoid paying fair market price for the credit card accounts.

What is the new name for Synchrony Bank? ›

*Note: On June 2, 2014, GE Capital Retail Bank changed its name to Synchrony Bank and is part of the GE Capital Retail Finance business.

Who is the parent company of Synchrony? ›

Synchrony traces its roots to 1932. GE Capital Retail Bank was started during the Great Depression, providing customers with a line of credit to purchase GE appliances. The lending arm remained GE Capital Retail Bank until it was spun off from its parent company in June 2014.

How do I file a lawsuit against Synchrony Bank? ›

File your complaint form with your court.

You will have to pay the small claims court filing fee in order to sue Synchrony Bank. Once that is done the court clerk will review the documents, stamp them, return your copies to you while keeping one for the court, and assign you a hearing date.

What is the Synchrony Financial class action lawsuit? ›

The Action alleges that Synchrony falsely represented that its consistent and disciplined underwriting practices had led to a higher quality loan portfolio than those of its competitors, but that, in truth, Synchrony relaxed its underwriting standards and increasingly offered private-label credit cards to riskier ...

Is Synchrony Bank financially secure? ›

Your deposit accounts are insured up to $250,000 per depositor, per insured bank, for each ownership category. Learn more about FDIC insurance. Protecting your financial transactions is of the highest importance to us. We monitor our devices 24 hours a day, 7 days a week, for your peace of mind.

How do I get my money out of Synchrony Bank? ›

You can make as many withdrawals as you like using your Synchrony ATM card at ATMs, but you cannot exceed the daily withdrawal limit of $1,000. However, outgoing wire transfers, electronic transfers to external accounts, phone transfers and point-of-sale purchases are limited to six transactions per statement cycle.

How do I get my money back from Synchrony Bank? ›

Cardholders can request a Synchrony Premier credit balance refund: by phone (1-844-406-7427) or by sending a written request to FCBI/Billing Error, P.O. Box 965035, Orlando, FL 32896-5035.

Is my money safe in Synchrony Bank? ›

With Synchrony Bank, you can rest assured that your money is safe. Here are just some of the ways we're looking out for you: FDIC Insurance: Your deposits are protected, up to $250,000 per depositor, per ownership category. Fraud Protection: Your account comes with complimentary ID Theft protection.

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