CFPB Sues Walmart and Branch Messenger for Illegally Opening …

Dec 23, 2024 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for deceiving workers— “last mile” drivers in Walmart’s Spark Driver …

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Walmart Illegally Opened Costly Deposit Accounts For One Million ...

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Dec 23, 2024 · More than one million delivery drivers collectively paid more than $10 million in fees after Walmart and Branch Messenger illegally opened costly deposit accounts in their …

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CFPB Sues Walmart After Delivery Drivers Lose More Than $10m In …

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CFPB Sues Walmart and Branch Messenger for Illegally Opening Deposit Accounts for More Than One Million Delivery Drivers. Walmart illegally opened costly deposit accounts for one …

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CFPB Sues Walmart And Branch Messenger For Illegally Opening …

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Walmart and Branch harvested more than $10 million in junk fees through Walmart’s Spark Driver program. WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) …

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FAQs about CFPB Sues Walmart and Branch Messenger for Illegally Opening … Coupon?

Did Walmart force delivery drivers to use expensive deposit accounts?

NEW YORK (AP) — The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing delivery drivers that are part of the discounter's gig program to use costly deposit accounts to get paid and mispresented how they could access their wages. ...

Did Walmart & branch messenger illegally open a deposit account?

More than one million delivery drivers collectively paid more than $10 million in fees after Walmart and Branch Messenger illegally opened costly deposit accounts in their names without consent, the Consumer Financial Protection Bureau alleges in a lawsuit filed Monday against the retailer and payments platform. ...

Did Walmart open a branch account without a driver's consent?

Walmart and Branch denied the allegations in separate statements to Barron’s. Both companies say they plan to defend themselves in court. The CFPB’s lawsuit alleges that Walmart and Branch, a digital payment platform, opened Branch accounts for drivers without their consent, using sensitive personal information like Social Security numbers. ...

Did Walmart put drivers' pay into Spark drivers' accounts?

The CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers’ pay into these accounts, without the drivers’ consent. Walmart told Spark Drivers that they were required to use Branch to get paid and that they would terminate workers who did not want to use these accounts. ...

Why did Walmart file a lawsuit against the CFPB?

“The CFPB’s lawsuit seeks to stop the companies’ unlawful conduct, to provide redress for harmed consumers, and the imposition of a civil money penalty” paid into a relief fund for victims, the CFPB said. Walmart pledged to defend itself “before a court that, unlike the CFPB, honors the due process of law.” ...

Did Walmart and branch violate federal law?

The agency alleged last week that for approximately two years starting in 2021, Walmart and Branch violated federal law by forcing 1 million drivers on its so-called Spark program to use Branch to get paid and that they would terminate workers who didn't want to use these accounts. ...