Anne Bucher  |  July 11, 2014

Category: Closed Class Actions

Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.

This settlement is closed!

Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!

Higher One settlement

A proposed $15 million settlement has been reached in a class action lawsuit against Higher One Holdings Inc., Higher One Inc., The Bancorp Bank, Wright Express Financial Services Corporation (now known as WEX Bank), and Taylor Capital Group Inc. regarding the marketing and fees associated with the Higher One OneAccount. If you opened a OneAccount bank account between July 1, 2006 and Aug. 2, 2012, you could be eligible for benefits from the class action settlement.

The Higher One OneAccount class action lawsuit alleges that the defendants failed to disclose the refund disbursement methods available to students for their tuition and financial aid refunds. The plaintiffs also allege the defendants inadequately disclosed fees such as PIN-based transaction fees and ATM fees associated with Higher One accounts.

The defendants deny any wrongdoing but agreed to settle the OneAccount class action lawsuit to avoid the expense and uncertainty of trial.

Who’s Eligible

Class Members of the Higher One OneAccount settlement include anyone who opened a OneAccount bank account between July 1, 2006 and Aug. 2, 2012 and incurred a fee.

Potential Award

Varies. Class Members who submit valid claims will be eligible to receive a cash payment in the mail if the OneAccount class action settlement is approved. The amount of the cash payment depends on the number and type of fees incurred and the number of claims filed for the Higher One class action settlement.

Proof of Purchase

N/A. To receive a cash payment from the Higher One class action settlement, you must file a claim and provide the following information:

  • Your current address and contact information
  • Your notice number, which was provided either with the e-mail or postcard notice you received, and some other form of distinguishing information, such as the last four digits of your Social Security number, your birthday or OneAccount number.
Claim Form Deadline

1/23/2015

Case Name

In re: Higher One OneAccount Marketing and Sales Practices Litigation, Case No. 3:12-md-02407, in the U.S. District Court for the District of Connecticut

Final Hearing

11/24/2014

Settlement Website

www.OneAccountSettlement.com

Claims Administrator

Higher One OneAccount Settlement
P.O. Box 1631
Faribault, MN 55021-1631
1-877-310-4642

Class Counsel

TYCKO &ZAVAREEI LLP

SHEPHERD FINKELMAN MILLER SHAH LLP

GENTLE TURNER SEXTON DEBROSSE & HARBISON

JONES WARD PLC

Defense Counsel

WIGGIN AND DANA LLP

UPDATE: Viewers are reporting that they have received checks from the Higher One class action settlement. Congratulations to everyone who submitted claims and got PAID!

UPDATE 2: On July 25, 2016, Viewers reported receiving a second round of settlement checks for the Higher One OneAccount class action settlement.

We tell you about cash you can claim EVERY WEEK! Sign up for our free newsletter.

206 thoughts onHigher One OneAccount Deceptive Fees Class Action Settlement

  1. Liz says:

    Bria, what do you mean when you said FIRST CHECKS ? Did they say its supposed to be more than one check ?

    1. Bria says:

      They said the first batches of checks. Each claimant will only receive one check.

  2. Bria says:

    Ok, leave it to me to ease your minds fellow money waiters. I spoke with the Atty again and was informed that the first checks with be issued on or about March 22 and the average payment will be $40 although several people will receive a sum of $300 which is the maximum amount allowed to plaintiffs. Thumbs crossed.

  3. Liz says:

    Does anyone know an estimate on much we will be receiving ?

  4. Compos says:

    Higher one need to pay everyone 1000 each. They are liars and crooks taking from children

  5. Nicole says:

    Was any one able to get intouch wit a human and confirm that we would get it in march because I can’t get through to them

    1. denisha says:

      from what number nicole?

  6. Brandi W says:

    I wonder if its a fair divide among the settlement amount or if they have to go through each and every one of our accounts, being that we did have to give our personal info??? If that occurred, then I imagine that would take quite a while to settle. Hopefully, well see our money back at the end of this money at the end of this month like the comments say.

  7. Lisa says:

    I called that number it’s bull crap but I did get a call back after. Leaving a message with the counselor handling the case and was given the number to talk to a live agent as was able to change address..and I was also informed that payments will be distributed the end of this month

    1. denisha says:

      what number?

  8. Bria says:

    Just spoke with one of the Atty offices listed on the settlement website and was informed that checks will be issued at the end of the month of March, so there is hope.

    1. bilal coles says:

      How did you speak with someone every time I call all I get is the automated message

    2. patricia lathan says:

      what is the number to the attorney general office?

  9. lisa says:

    Hi does anyone have a number I can call them to change my address

    1. LUCKY says:

      CLAIMS ADMINISTRATION OFFICE (1-877-310-4642)

  10. Bria says:

    Nothing in Virginia, but patiently waiting. Two online schools stuck me with Higher One and they led me to file Ch. 7 bankruptcy over their ridiculous NSF fees.

Leave a Reply

Your email address will not be published. By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Required fields are marked *

Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.