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.

Signal Chang v. Beam Financial Inc.

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