USDC, Northern District of California
Counsel for putative class of users of Beam Financial’s mobile banking app in a consumer action against the Fin-Tech company. As alleged, Beam represented that it was a secure banking app and specifically promised users high interest rates, no lockup and “24/7 access" to their accounts; contrary to these promises, members have been unable to withdraw their money and have not received the promised interest. The case is currently pending in the Northern District of California.