Edition:
United States

Dena Aubin

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Nov 17 2017

Labor Department, First Bankers settle retirement plan lawsuits

First Bankers Trust Services has agreed to pay $15.75 million to resolve three lawsuits by the U.S. Department of Labor alleging that it allowed employee stock ownership plans it was overseeing to overpay for the employees' company stock.

Nov 16 2017

Judge tosses lawsuit accusing HSBC Bank USA of aiding Ponzi scheme

A federal judge in Los Angeles has tossed a lawsuit accusing HSBC Bank USA of aiding a worldwide Ponzi scheme involving purported investments in cloud computing services, saying investors suing the bank did not show that it caused their losses.

Nov 16 2017

JPMorgan sued over interest on prepaid mortgage loans

JPMorgan Chase Bank has been hit with a proposed class action accusing it of charging interest to homeowners who paid off their mortgages early without properly disclosing the charges, the latest of several banks sued over the practice.

Nov 14 2017

Judge rejects sampling for lawsuit over mortgage-backed trust

Mortgage servicer Homeward Residential cannot use sampling to support its claims that California-based Sand Canyon Corp misled investors when it sold thousands of loans to a mortgage-backed securities trust, causing massive losses when the loans defaulted, a federal judge ruled.

Nov 14 2017

Sierra Club challenges FERC approval of gas pipeline

The Sierra Club has filed a petition challenging a decision by the Federal Energy Regulatory Commission to allow construction of a 255-mile pipeline through Ohio and Michigan to transport gas from Appalachian shale fields.

Nov 13 2017

Company seeks CFPB records to defend lawsuit over bad check program

Victim Services, a California company fighting a proposed class action over its bad check restitution program, has asked a federal court to force the Consumer Financial Protection Bureau to turn over records that could prove many potential class members have already been compensated.

Nov 10 2017

Eddie Bauer must face credit union lawsuit over data breach - ruling

Veridian Credit Union can proceed with a lawsuit alleging that security failures by nationwide retailer Eddie Bauer allowed hackers to steal credit card information in a 2016 cyber attack, a federal judge in Washington state ruled.

Nov 09 2017

9th Circuit revives part of foreclosure lawsuit against U.S. Bank

A federal appeals court has revived part of a Hawaii property owner's lawsuit alleging that U.S. Bank tried to discourage competitive bidding when it sold her house at foreclosure so it could buy it for itself at a bargain price.

Nov 08 2017

N.J. judge knocks debt collection lawsuit but forgoes sanctions for plaintiffs' lawyers

A federal judge has tossed a proposed class action accusing New Jersey debt collector Capital Collection Services of sending collection letters without explicitly naming the owner of the debt, saying consumers' claim that the letters were unclear “borders on the silly.”

Nov 08 2017

Federal judge upholds $60 mln jury award against TransUnion

A federal judge in San Francisco has rejected credit bureau TransUnion's challenge to a $60 million jury award in a lawsuit accusing it of falsely reporting that consumers were on a terrorist watchlist, saying the award was supported by solid evidence.

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