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Posts from ‘February, 2009’

“Yes, Mr. Dimon, I am accusing your organization of extortion” – Letter to JP Morgan Chase CEO Jamie Dimon

According to the ‘Lectric Law Library online dictionary: EXTORTION – The use, or the express or implicit threat of the use, of violence or other criminal means to cause harm to person, reputation, or property as a means to obtain property from someone else with his consent. USC 18 The Hobbs Act defines “extortion” as […]


Class Action #8 – Girard Gibbs Files Class Action Lawsuit on Behalf of Chase Cardholders

From The Complaint On February 18, 2009, Girard Gibbs LLP filed a class action lawsuit against Chase Bank USA, N.A. after the credit card issuer more than doubled minimum monthly payments and imposed a $10 monthly service fee on customers who had accepted its fixed-rate balance transfer offers. The Background According to the class […]


Chase November 2008 change in terms notice Panel 1: “These charges are finance charges”

I have sent links to this document to numerous recipients, but just in case a member of the media (most keep calling it a “fee” or a “service charge,” sorry to have to correct your coverage, but “These charges are finance charges”) does not, or cannot, open those links, I hereby present “Exhibit 1”: The Chase […]