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Federal Judge Dismisses Suit Alleging That Chase Improperly Raised Rates

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PORTLAND, Ore. - A federal judge in Oregon on Feb. 21 granted Chase Bank USA N.A.'s motion for summary judgment and denied class certification in a suit alleging that the bank improperly raised annual percentage rates of interest (APRs) on consumers' existing credit card balances (Cheryl Barrer, et al. v. Chase Bank USA N.A., et al., No. 06-0415, D. Ore.; 2013 U.S. Dist. LEXIS 24268)....(read more)

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