news release 2012-10

8/2/2019 News Release 2012-10

http://slidepdf.com/reader/full/news-release-2012-10 1/173

DEPART MENT OF T HE AT T ORNEY GENERAL

News Release

NEIL ABERCROMBIE GOVERNOR

___________________________________________________________________________________________

DAVID M. LOUIE RUSSELL A. SUZUKIATTORNEY GENERAL FIRST DEPUTY ATTORNEPhone: (808) 586-1500

___________________________________________________________________________________________

For Immediate Release: April 12, 2012 News Rele

STATE OF HAWAII FILES LAWSUIT AGAINST SEVEN MAJOR CRED

COMPANIES

HONOLULU – Today the Attorney General of the State of Hawaii filed lawsuCircuit Court against seven major credit card companies, alleging that theseimproperly charged their Hawaii customers for products not requested or forthat did not provide the benefits claimed.

The suits are being brought by the State of Hawaii by Attorney GenerDavid M. Louie, with the State of Hawaii being represented by local attorney

in association with two mainland firms, Golomb & Honik of Philadelphia, andBudd of Dallas.

An example of an alleged improper charge is where a credit card comconsumer for something called “payment protection” or something similar, wsupposedly pays the cardholder’s required minimum monthly payments in cecircumstances. The consumer is not told of the numerous restrictions, and oconsumer doesn’t qualify for the product in the first place. Solicitations for thproducts are often telemarketing calls using predatory tactics to sign up custservices they either don’t want or don’t qualify for. The suits point out that, utelemarketers, these credit card companies already have their customers’ crinformation and therefore are able to charge their customers for products wiknowledge or consent.

8/2/2019 News Release 2012-10


News Release 2012-10Lawsuit Against Seven Major Credit Card Companies

Please call Rick Fried at (808) 524-1433, if you believe you have bee

such conduct. When you call, please mention that your call relates to possibprotection fraud.

###

For more information contact:

Joshua WischSpecial Assistant to the Attorney General(808) 586-1284

[email protected]://hawaii.gov/ag/

8/2/2019 News Release 2012-10


news release 2012-10

Documents