Friday, May 13, 2016

Russell Simmons Hammers Out Settlement for RushCard Holders


Russell Simmons has agreed to pay over $20 million to RushCard users who were locked out of their RushCard accounts for over a week last year...

From The New York Post
RushCard has agreed to pay a total of $20.5 million to customers who were temporarily locked out of their prepaid card accounts last year, according to court documents filed this week.
The preliminary settlement, which still needs court approval, includes about $19 million to reimburse customers for fees and other costs they faced after they lost access to their accounts for days. The remaining $1.5 million will go toward attorney fees.