If so, please submit the following information to participate in the class action:
Among the products and services Fifth Third offers through its branch-banking business are checking accounts, savings accounts, credit cards, online banking, and lines of credit.
To increase sales of its products and services, from at least 2010 through at least 2016, Fifth Third imposed sales goals on bank employees and implemented an incentive-compensation program that financially rewarded employees for selling new products and services. Sales goals were often set at a level higher than the anticipated sales for thousands of employees. Fifth Third used the achievement or non- achievement of sales goals as a key component in performance ratings. Low performance ratings could result in disciplinary action, including termination.
By 2010, at the latest, Fifth Third was allegedly aware that employees were opening products and services in consumers’ names without those consumers’ knowledge or consent in order to achieve sales goals or obtain incentive rewards.
*****The products and services employees were opening in consumers’ names without those consumers’ knowledge or consent included: deposit accounts, credit cards, enrollment in online banking, and early access lines of credit.*****
Fifth Third’s sales practices were likely to cause substantial injury to consumers, including adverse effects on their consumer-reporting-agency information, the imposition of unjustified fees, the theft of funds or private information, and the inability to meet financial obligations.
If Fifth Third Bank opened an account in your name or enrolled you in any product or service without your authorization or knowledge, and if you would like to participate in a class action lawsuit regarding these activities, please submit your information via the form on this webpage.
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