Rick Fischer, Obrea O. Poindexter, and Trevor R. Salter
Banking + Financial Services, Financial Institutions + Financial Services, Financial Services Litigation, Financial Services Enforcement, Financial Services, and Mobile Payments
On March 7, 2018, the FDIC entered into a consent order with The Bancorp Bank for allegedly inaccurate disclosures concerning the amount of transaction fees assessed on cardholders. This consent order is the latest in a series of consent orders from federal agencies in recent years regarding allegedly inadequate or misleading account disclosures.
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