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Law 360: 3rd Circ. Vacates Cert. Denial In Telemarketer Fraud Suit

Sep 2, 2015

The Third Circuit on Wednesday vacated a lower court’s order denying class certification to plaintiffs who allege Zions Bancorp. was complicit in a series of schemes by telemarketers to gain access to customers’ bank accounts and charge excessive fees, saying the court held the plaintiffs to an excessively high standard of proof.

In a published, detailed opinion, the circuit panel ruled that the district court misunderstood the burden of proof placed on a plaintiff seeking class certification, reports Law 360’s Emily Field in 3rd Circ. Vacates Cert. Denial In Telemarketer Fraud Suit.