- Customers who received a telemarketing call from Zions First National Bank may be eligible to take part in a new class action lawsuit against Zions bank
- Zions First National Bank has denied any wrongdoing in this case, but to avoid the cost and hassle of going to court, they have agreed to pay a settlement to customers who were affected
- Members of the class suit against Zions telemarketing can choose to receive a paper check if they want, but if no selection is made, funds will be sent to the customers Zions First National Bank account
A new class action lawsuit alleges that Zions First National Bank broke federal law when they charged unauthorized debits to their customer’s bank accounts that started with telephone and online marketing. All Zion Bank account holders who received a charge to their account under the name of “Telemarketing Enterprises” are eligible to participate in this class action suit. By choosing to join the Zions First National Bank class action suit, customers do waive the right to sue Zion on their own regarding this case. A final fairness hearing in this class suit will be held on November 21, 2016, and if approved, the final settlement payments will be sent out a few weeks after that date.
How much money will the Zion First National Bank telemarketing class action suit pay?
The Reyes v. Zions First National Bank telemarketing settlement currently has a total settlement fund of $37,500,000. This settlement fund will be used to pay legal representation first, and then will be distributed among the lawsuit participants. It’s estimated that each participant will receive $25 to $75 depending on how many fees they were charged.
To contact a representative of the telemarketing class action settlement
- Reyes v. Zions First National Bank c/o Heffler Claims Group PO Box 59269 Philadelphia, PA 19102-9269