Visa is sued over 'Vanilla' gift card scam [Yahoo! Finance]
Pathward Financial, Inc. (CASH)
Last pathward financial, inc. earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
(Reuters) - Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves. Ira Schuman, who leads the proposed class action in the White Plains, New York, federal court, said he bought eight $500 Vanilla cards as holiday gifts for his employees in 2022 and 2023, only to learn later that cards had been emptied. According to the complaint, the non-reloadable debit cards are sold at CVS, Target, Walgreens and other grocers and retailers in thin cardboard sleeves that thieves can open and, after recording account information, reseal without being detected. Thieves can then monitor http://www.vanillagift.com to learn when money has been loaded, and make purchases using the stolen account information, the complaint said. The scam is known as "card draining." Schuman, of Scarsdale, New York, said Visa and two Vanilla card issuers knew or should have known that their cards were vulnerable t
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News
- Pathward Financial, Inc. (NASDAQ:CASH) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Pathward (CASH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Pathward Financial (CASH) Beats Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Pathward Financial Non-GAAP EPS of $2.18 misses by $0.17, revenue of $247.2M beats by $6.56M [Seeking Alpha]Seeking Alpha
- Pathward Financial, Inc. Announces Results for 2024 Fiscal Second QuarterBusiness Wire
CASH
Earnings
- 4/24/24 - Beat
CASH
Sec Filings
- 4/24/24 - Form 8-K
- 3/18/24 - Form 4
- 3/15/24 - Form 144
- CASH's page on the SEC website