False Labeling Complaint Center Now Wants to Hear From Business Owners If Their Bank Put a Hold on a Deposit That Had Actually Cleared – Did You Incur a NSF Fee Because of the Hold?
WASHINGTON, Oct. 5, 2015 /PRNewswire/ — The False Labeling Complaint Center is starting a robust national investigation focused on identifying business owners who made a deposit to their bank via a check from a client, and then suffered NSF fees because unbeknownst to the business owner the bank put a hold on the deposit-even though the bank had received the funds. For more information pleases contact the False Labeling Complaint Center via their web site contact page for more information. http://
The False Labeling Complaint Center says, “We think there is a gigantic problem with banks in the United States of all shapes, and sizes playing games with the check deposits of small to medium sized businesses. Here is the problem in a nutshell:
- “Your business makes a deposit via a check – say from an out of state bank. Let’s say the deposit is over$10,000
- “Your bank tells you the funds will not be immediately available. Your bank may say five to seven days before the funds are available.
- “You then call your client to confirm if their check to your business had cleared their bank account, they make an inquiry, and the funds have cleared their bank.
- “So where did the money go? That is exactly what we intend to find out as well.
“We think banks playing games with deposits of small to medium sized businesses, and the availability of their funds is a huge problem nationwide. We intend to do something about it. We also think we can easily prove damages, such as NSF fees that were a result of these practices, and we want to hear from small, or medium sized businesses if the fact set we have laid out has happened to them.” http://
Because of the size, and scope of this potential free float on a business check deposit the False Labeling Complaint Center is urging impacted business owners to contact them via their web site’s e-mail and provide them with the following important information- name, contact phone number, the name and location of the bank branch, and a brief description of what happened.
The False Labeling Complaint Center believes this bank check clearing stall issue to be a nationwide problem with thousands of businesses that have been impacted. The damages may include NSF fees, loss of use of funds that should have been available to the business, and potentially other damages. For more information please contact the False Labeling Complaint Center, if a business believes they have been a victim of these possible bank practices.http://
False Labeling Complaint Center Urges Corn Farmers Who Allegedly Incurred A Significant Loss Because Of The Syngenta’s Agrisure Corn Seed To Call Them About Compensation
The False Labeling Complaint Center is urging US corn farmers who allegedly incurred a significant loss because of the Syngenta Agrisure Viptera corn seed in 2011 to call them at 866-714-6466, if they incurred economic losses because of the corn being used. The Center is also very interested in hearing from corn farmers who allegedly took a huge economic hit because the loss of the value in corn prices, because of China’s alleged rejection of Syngenta’s corn seed.http://FalseLabelingComplaintCenter.Com November 24, 2014 The False Labeling Complaint Center is launching an aggressive initiative focused on trying to help US corn farmers who were allegedly directly, or indirectly impacted by Syngenta’s Agisure Viptera corn seed, and the alleged economic hardship this specific seed may have caused them, and they want to hear from these farmers at 866-714-6466 in the hopes of getting them identified for possible compensation. http://FalseLabelingComplaintCenter.Com According to Reuters on October 6th 2014, “In coordinated lawsuits filed on Friday in federal courts in Iowa, Illinois, Nebraska, Kansas and Missouri, farmers accused Syngenta of being reckless when it launched U.S. sales of Agrisure Viptera corn seed in 2011 without obtaining import approval from China, a major buyer. “The farmers, who did not plant seed containing the unapproved trait, claimed they suffered losses because the price of U.S. corn dropped when China began rejecting boatloads of crops containing Viptera corn last year.” The False Labeling Complaint Center says, “We are extremely interested in hearing from corn farmers nationwide if they allegedly suffered a severe economic impact because of the Syngenta Agisure Viptera corn seed either directly because they used this specific seed, or allegedly indirectly because the drop in US corn prices.” For more information corn farmers nationwide are urged to contact the False Labeling Complaint Center anytime at 866-714-6466. http://FalseLabelingComplaintCenter.Com For attribution please refer to the October 6th 2014 Reuters news article on this matter:http://www.reuters.com/article/2014/10/06/syngenta-seed-farmers-idUSL2N0S12KF20141006 Case number: Volnek Farms Inc v. Syngenta Corporation et al, U.S. District Court, District of Nebraska, No. 14-cv-00305.