SAN DIEGO, Oct. 26, 2022 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that the U.S. Bancorp Class action lawsuit seeks to represent buyers or acquirers of US Bancorp USB Securities between August 1, 2019 and July 28, 2022 inclusive (the “Collection Period”). Titled The Buhrke Family Revocable Trust v US BancorpNo. 22-cv-09174 (SDNY), the U.S. Bancorp Class action lawsuit accuses US Bancorp and some of its top executives of violating the Securities Exchange Act of 1934.

If you have suffered significant losses and are the main plaintiff in the U.S. Bancorp Class action, please provide your information here:

https://www.rgrdlaw.com/cases-us-bancorp-class-action-lawsuit-usb.html

You can also contact a lawyer JC Sanchez of Robbins Geller by phone at 800/449-4900 or email jsanchez@rgrdlaw.com. Execute the plaintiff’s applications for the U.S. Bancorp Class action must be filed with the court no later than December 27, 2022.

CASE CLAIMS: US Bancorp’s banking subsidiary, the US Bank National Association (“US Bank”), is engaged in general banking primarily in the domestic markets.

That U.S. Bancorp The class action alleges that throughout the class period, the defendants made false and/or misleading statements and/or failed to disclose the following: (i) the U.S. bank subjected its employees to selling pressure that caused them to use credit cards, to open lines of credit and deposit accounts without the knowledge and consent of consumers; (ii) since at least 2015, US Bank, and thereby US Bancorp, has been aware of such unauthorized conduct and that it has violated relevant regulations and laws designed to protect its consumers; (iii) US Bancorp’s failure to adequately monitor its employees for engaging in such illegal conduct, to detect and stop the wrongdoing, and to identify and remedy aggrieved consumers; (iv) all of which have exposed US Bancorp to a foreseeable risk of increased regulatory scrutiny or investigation; and…