Welcome to the Information Website for the Richards v. Chime Financial Settlement
If You Were a Chime Financial, Inc. Account holder Between October 16, 2019, and October 19, 2019, a Class Action Settlement May Affect Your Rights.
A Settlement has been reached in a class action lawsuit concerning certain Chime Financial, Inc. (“Chime”) deposit accounts, and the intermittent disruption in service that some accountholders experienced for portions of a period of time between October 16, 2019, and October 19, 2019. The lawsuit is called Richards, et al, v. Chime Financial, Inc., Case No. 4:19-cv-06864 (N.D. Cal.). The lawsuit alleges that some holders of Chime deposit accounts experienced an intermittent disruption in service for portions of the period of time between October 16, 2019, and October 19, 2019 (the “Service Disruption”). The Defendants in the lawsuit are Chime Financial, Inc. (“Chime”), The Bancorp Inc. (“Bancorp”), and Galileo Financial Technologies LLC (formerly known as Galileo Technologies, Inc.) (“Galileo”) (and collectively “Defendants”). Defendants in the lawsuit denied that they were or could be held liable for the claims made in the lawsuit. The Settlement does not establish who is correct, but rather is a compromise to end the lawsuit.
Defendants have agreed to pay, the cost of notice and administration of the Settlement, and Class Counsel’s attorneys’ fees and expenses.
The Settlement offers payments to Settlement Class Members who filed valid Claims.
Your legal rights are affected whether you acted or did not act. Please read this website carefully.