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U.S. Supreme Court

Jun. 23, 2010

High Court to Review Chase Lawsuit

At the Obama administration's urging, the U.S. Supreme Court said Monday it would review whether a class action against Chase Bank should proceed.

By Lawrence Hurley

Daily Journal Staff Writer

WASHINGTON - At the Obama administration's urging, the U.S. Supreme Court said Monday it would review whether a class action lawsuit against Chase Bank U.S.A., N.A. should proceed.

The allegations focus on whether the bank issued the necessary notice to customers before increasing credit card interest rates.

It was one of two 9th U.S. Circuit Court of Appeals rulin...

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