USAA has reached a $3.25 million class-action settlement following a 2021 data breach that exposed customers’ personal information. If you’re a USAA customer impacted by the breach, it’s time to take action; filing a claim before the April 7 deadline is essential to securing your share of the settlement. How to File a Claim in the USAA Settlement If you were affected, you may have already received a unique notification from USAA by email or mail. These notifications include key details, such as a unique ID number and specific codes…
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USAA Sues Regions Bank Over Alleged Mobile Deposit Patent Violation
A Legal Battle Over Innovation USAA, the San Antonio-based financial services company, filed a lawsuit against Regions Bank on Tuesday, alleging the Birmingham, Alabama-based bank is infringing on four of its mobile deposit capture technology patents. The lawsuit, filed in the U.S. District Court for the Eastern District of Texas, seeks financial damages, calling Regions’ alleged actions “willful.” USAA contends that any damages awarded should be enhanced up to three times their value. This court has proven favorable to USAA in past litigation. Since 2019, the insurer has secured three…
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