$1.2M Social Security Benefits Payment Direct Express Class Action
Adobe | Published: August 23, 2024
Claim Form Deadline: September 12, 2024
Payout: Varies
Proof required: Notice ID
What's the Social Security Direct Express Class Action?
This class action settlement involves Direct Express debit cardholders who submitted fraud claims that were denied between February 12, 2018 and September 28, 2022. The lawsuit alleges that Conduent and Comerica improperly handled these fraud claims in violation of the Electronic Funds Transfer Act and Regulation E.
The Electronic Funds Transfer Act (EFTA) and Regulation E are consumer protections for electronic financial transactions. EFTA regulations define the rights and responsibilities of consumers and banks when transferring funds digitally or electronically. This includes the overdraft services and international wire transfers.
What is the Total Direct Express Settlement Fund?
The total Direct Express Settlement Fund amounts to $1,200,000. This fund is established as part of a class action lawsuit alleging that Conduent and Comerica mishandled fraud claims from Direct Express cardholders. Comerica Bank is the issuer of the Direct Express debit cards at issue in the class action, and Conduent is the company that provides some operational services.
How Do I Qualify For a Payout?
You may qualify if you are a current or former Direct Express debit card account holder who submitted one or more claims of allegedly fraudulent transactions that were denied by the defendants between February 12, 2018 and September 28, 2022. To qualify and file a claim form, you may also need a Notice ID. This ID is typically included in the notice you may have received. The Direct Express class action settlement administrators may have sent notice IDs either by postcard or email. If you have not received a notice but believe you qualify as a class member, you may still be able to participate by contacting the Direct Express Settlement Administrator (see link below).
How Do I Find Class Action Settlements?
Find all the latest Class Action Settlements you can qualify for by getting notified of new lawsuits as soon as they are open to claims:
How Much Can I Get Paid?
If you believe you are qualified and submit a valid and timely claim you may receive a pro rata portion of the settlement amount. The exact amount per person is not specified and will depend on the number of approved claims.
How Do I File a Claim?
To file a claim, you must submit a Claim Form either online or by mail. The deadline for submission is September 12, 2024. You can choose to receive payment by check or electronic payment.
What is Direct Express?
The Direct Express card is a prepaid debit card designed for individuals to access their benefit payments without needing a bank account. Funds are directly deposited into a prepaid debit card account, making them available on the designated payment date. There are no enrollment fees or minimum balance requirements associated with opening or using this account.
This card is commonly used for receiving social security benefits including the following:
• Social Security Retirement Benefits: Payments made to individuals who have reached retirement age and have paid into the Social Security system during their working years.
• Social Security Disability Insurance (SSDI): Benefits provided to individuals who are unable to work due to a disability and have a sufficient work history.
• Supplemental Security Income (SSI): A program that offers financial assistance to individuals who are elderly, blind, or disabled and have limited income and resources.
These social security benefits can be accessed through the Direct Express card for those who do not have a traditional bank account, as an option.
Filing Class Action Settlement Claims
Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.
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