Month: October 2025

Scott+Scott Files Lawsuit Against Major Banks

Scott+Scott Attorneys at Law LLP today filed a class action lawsuit on behalf of two California and Colorado residents against some of the nation’s leading banks, including JPMorgan Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC, and Truist. The lawsuit of nationwide significance was filed in the United States District Court for the District of Connecticut and alleges that the largest U.S. banks conspired to fix, raise, and stabilize the rate charged to their most creditworthy customers for short-term loans, commonly referred to as “prime rates.”

Scott+Scott Files Securities Case Against Marex

Scott+Scott has filed a securities class action against Marex Group PLC and the company’s top executives, alleging that the fintech platform inflated its financial statements and applied fraudulent accounting practices. The lawsuit filed in the U.S. District for the Southern District of New York details how the financial services firm overstated its cash flow, while in fact manipulating accounting records and transactions history with its subsidiaries.

Dutch Court Hands Down Ruling in Case Against TikTok

The Amsterdam Court of Appeal this week handed down a landmark decision in a collective action first filed against TikTok in 2021 by Scott+Scott on behalf of Stichting Take Back Your Privacy with support of the Dutch Consumentenbond (Dutch Consumer Association). The case was brought under the Act on the Settlement of Mass Damages Claims in CollectiveActions (WAMCA) on behalf of three interest groups and alleges that the social media company is violating children’s privacy and consumer rights. This ruling is a significant step forward in bringing data privacy and GDPR-related cases under the WAMCA mechanism created in 2020.

Scott+Scott Files Lawsuit Against Meta Over Scam Ads

Scott+Scott this week filed a class action lawsuit against Meta, Instagram and WhatsApp on behalf of two financial professionals, alleging that the social media giants violated state and federal law by allowing scam impersonation advertisement on their platforms. According to the complaint Meta allowed fake impersonation ads on its platforms that “were designed to and caused consumer confusion, diverted prospective clients, damaged goodwill, as well as exposed class members to reputational harm, regulatory inquiries, and lost business opportunities. “

Department of Justice Antitrust Attorney Joins Scott+Scott

Jimmy S. McBirney, a former Senior Trial Attorney at the US Department of Justice, has joined Scott+Scott’s San Diego office as a Partner, where he will reinforce the Firm’s deep bench of trial lawyers and growing Antitrust & Competition Practice Group. “I couldn’t be more excited to join this outstanding team of talented and innovative professionals dedicated to holding bad corporate actors accountable to the people and businesses that they hurt,” McBirney said.