The Consumer Financial Protection Bureau has filed a lawsuit against Walmart and Branch Messenger, alleging the companies forced delivery drivers to use costly deposit accounts to get paid. Bentonville-based Walmart operates the Spark Driver Program,

The Consumer Financial Protection Bureau (CFPB) is suing Walmart and payroll service provider Branch Messenger for alleged illegal payment practices for gig workers.

Walmart and Branch Messenger, a payments platform, accused of deceiving workers about pay from retailer for two years.

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against U.S. retailer Walmart and financial services company Branch after it was reported that the former unlawfully opened Branch accounts with expensive deposit fees on behalf of its employees.

NEW YORK, NY / ACCESSWIRE / December 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Walmart Inc.

The Consumer Financial Protection Bureau said in a news release on Monday that Walmart and Branch Messenger opened the accounts without authorization from Walmart's Spark "last-mile" drivers.

The Consumer Financial Protection Bureau sued Walmart and the payments platform Branch Messenger in federal court in Minnesota.

Walmart Inc. (NYSE:WMT) shares are trading lower on Monday. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the company and Branch Messenger over concerns regarding junk fees.

A consumer protection agency has sued Walmart Inc. and a digital banking firm, claiming the companies forced a million Spark delivery drivers to use costly bank accounts and charged them more than $10 million in fees.

Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, complicated deposit accounts in order to get paid and raked-in millions in the process.

Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald Trump’s appointees.