Walmart accused of illegally forcing over 1 million of its drivers it open bank accounts - Walmart called the lawsuit factually inaccurate and said the agency didn’t give the company a fair chance to

The Consumer Financial Protection Bureau (CFPB) is suing Walmart and payroll service provider Branch Messenger for alleged illegal payment practices for gig workers.

NEW YORK, NY / ACCESSWIRE / December 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Walmart Inc.

The Consumer Financial Protection Bureau said in a news release on Monday that Walmart and Branch Messenger opened the accounts without authorization from Walmart's Spark "last-mile" drivers.

The Consumer Financial Protection Bureau filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts in order to get paid.

Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, complicated deposit accounts in order to get paid and raked-in millions in the process.

The Consumer Financial Protection Bureau sued Walmart and the payments platform Branch Messenger in federal court in Minnesota.

A consumer protection agency has sued Walmart Inc. and a digital banking firm, claiming the companies forced a million Spark delivery drivers to use costly bank accounts and charged them more than $10 million in fees.

The lawsuit alleges that Walmart deposited drivers’ pay into accounts with payment platform Branch Messenger without the drivers’ consent.

Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald Trump’s appointees.

Walmart and fintech company Branch Messenger are being sued by the Consumer Financial Protection Bureau for allegedly forcing more than one million delivery workers to use expensive deposit