New York Attorney General Letitia James won a court ruling allowing her lawsuit against Citibank to proceed, claiming the bank failed to protect customers from fraud. The lawsuit accuses Citi of misleading customers about their rights and inadequately securing their accounts, leading to substantial financial losses for New Yorkers. Judge Paul Oetken's ruling determined that the Electronic Fund Transfer Act applies to unauthorized transactions, complicating Citi's defenses. The case highlights the bank's alleged failures in data security and fraud response measures, affecting many customers.
When New Yorkers deposit their money in a bank, they expect it to be kept safe from scammers and thieves.
Citi's failures to protect its customers' accounts are costing New Yorkers millions of dollars.
Today's decision will allow us to continue our case against Citi to help those whose savings were stolen and ensure the bank follows the law.
The lawsuit alleges that scammers can steal from Citi's customers because the bank fails to implement strong data security and anti-breach practices.
Collection
[
|
...
]