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Not Receive Chase Bonus Yet?—Check This Out

Posted on 28 January 2008

If you haven’t received the bonus from JP Morgan Chase Bank, N.A., you might want to check this out.

From CourtBriefs.com

Class action claims Chase bank failed to provide promised bonus for opening new checking accounts.

Case Number: 2008CH2257 Filed: January 18, 2008

Christopher L. Akinyemi, individually and on behalf of all others similarly situated vs. JPMorgan Chase Bank, N.A.

Amount: $50,000.00 Type Of Case: Class Action

Plaintiff Atty: Norman Rifkind, Amelia S. Newton, Heidi VonderHeide, Lasky & Rifkind, Ltd., 350 North LaSalle St., Suite 1320, Chicago, Illinois 60610 (312) 634-0057 (312) 634-0059 (fax)

Judge:

Jurisdiction: IL Cook County Circuit Court, Chancery Division

Summary:

The Defendant bank is accused of having failed to provide, within ten days of the opening of certain new checking accounts, a promised $100 bonus for doing so. Plaintiff Christopher L. Akinyemi, individually and on behalf of all others similarly situated, sues JPMorgan Chase Bank, N.A.

The Plaintiff seeks to assert a class action on behalf of all persons or entities who opened a Chase Free Checking account with $100 or more, and where the Defendant allegedly failed to credit an offered bonus to the account.

The Plaintiff is a resident of Laotto, Indiana. The Defendant, according to the Complaint, is a leading global financial services firm with assets of $1.5 trillion, and a leader in investment banking financial services for consumers. It has company headquarters in New York, and its U.S. retail financial services and commercial banking headquarters in Chicago.

In late 2007, the Plaintiff states, he received a coupon to receive $100 deposited directly in his account for opening a Chase Free Checking account with $100 minimum opening balance. The coupon stated that it was valid from September 1, 2007 to January 31, 2008.

The Plaintiff asserts that he opened his Chase Free Checking account during the term of the coupon offer. The coupon promised that the $100 bonus would be automatically deposited into the new account within 10 business days of accounting opening.

The Plaintiff claims that he did not receive his bonus within the 10 business days as promised. He contends that the account he opened was eligible for the bonus, and was not one of the types of accounts excluded from the offer, i.e., “High School Checking, Chase College Checking, Chase Access Checking, New Jersey Consumer Checking and Chase Basic Checking.”

Claims are asserted for breach of contract. Remedies sought include actual and compensatory damages in excess of $50,000, pre-judgment and post-judgment interest, and an award of costs and attorneys’ fees.

The original case file can be found here.

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This post was written by:

David - who has written 428 posts on MyCardBlog.com.

David is curious about the offers from credit card companies and banks. He is writing articles about credit cards and banking at MyCardBlog.com. If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

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1 Comments For This Post

  1. Anonymous says:

    Below is a link to the .pdf of the class action lawsuit. Just copy and paste it into your browser.

    http://plentyofcheaters.com/legal/Chase.pdf

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