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|Thursday, January 05, 2012|
Portland-based Umpqua Bank is the latest to be hit with a class-action lawsuit for the way it charges overdraft fees.
The lawsuit, filed by California resident Amber Hawthorne, seeks to recover at least $5 million in damages and fees for Umpqua customers who got hit with an overdraft fee after the bank re-sequenced their debit-card transactions from highest to lowest.
The lawsuit alleges the bank decided when, whether and how to post debit transactions. It also regrouped transactions that occurred on separate days before re-ordering them from highest to lowest, according to the complaint.
That resulted in more overdraft fees than if the transactions had been posted in the order in which they were made, Hawthorne's suit says. Account statements given customers, however, presented transactions from lowest to highest, the lawsuit states.
Read more at OregonLive.com.
Thursday, May 29, 2014
BY JON BELL
A new generation of outdoor apparel companies targets the young and the urban.
Tuesday, May 27, 2014
Oregon is known for its green-minded citizens, and many workers are attracted to firms and organizations that practice green, not just pay lip service to it.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Thursday, May 29, 2014
BY SOPHIA BENNETT
Tillamook expands its tourism niche.
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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