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This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
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.
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206 thoughts onHigher One OneAccount Deceptive Fees Class Action Settlement
Does anyone know if these checks have been mailed?
No check in California. Still waiting..
has anyone received a check????
I received a check yesterday for $88.27. One of my friends received yesterday 3 checks one $88.27, another $294.00 and $3.95. so Im waiting on my other two hopefully, fingers crossed.
that 877 number doesnt let you speak with a live rep over the phone what number does?
Has anyone heard anything about the checks being mailed?
no im awaiting a response as well only a few more days till march is over.
Status Update: The Claims Administrator is in the final stages of processing claims and anticipates settlement funds will be mailed in late March, 2015.
They need to have another class action they continue to rip students off right and left.
I filed a claim also. I had been with higher one since 2006. I hope and pray that I receive something.
Ok everyone it’s me again …just got updated info from head source on amount everyone will be receiving different amounts depending on fees and charges that occurred on your account and how long you have had an open account..also depends on how many people has valid claims the 1st batch going out is the people that will be getting higher amounts 2nd batch will be equally divided among claimants ..of what’s left over from 1st batch…have a great day and spend it wisely …feel blessed for whatever u get it’s just more to add to what u Had last month for those on a budget….ttyl I’m out
Thanks Bria ! Appreciate the info…