Posted on behalf of Arnold Law Firm on November 15, 2024 in Consumer Alert, Data Breach
NOTICE: If you believe you are owed money concerning an account you held with a Financial Technology company that was frozen as a result of the Synapse Financial Technologies Inc. bankruptcy, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options or submit a confidential Case Evaluation form here.
On April 22, 2024, Synapse Financial Technologies, Inc. (“Synapse”) filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in the Central District of California. As a result of this Synapse’s financial technology company (“Fintechs”) customers’ account holders were and have been unable to access some or all of their funds. Synapse’s bank partners, Lineage Bank, American Bank NA, and AMG National Trust Bank (“Partner Banks”) claim to have repaid these Fintech account holders the amounts that that those Partner Banks owe those account holders. However, many account holders are receiving substantially less money than their accounts show them being owed.
If you had an account with one of many Fintechs that were customers of Synapse, including, but are not limited to: Abound, Changed, Cleo, Copper, Juno, Yotta, Yieldstreet, Rho, Mercury, Dave, Cleo, Relay, Rho, Stilt, Glance Capital, GigWage, Gravy, Gragr, IDT, and/or Latitud, and you have not received any payment or only a partial payment from one of these Partner Banks, contact us now.
NOTICE: If you believe you are owed money concerning an account you held with a Financial Technology company that was frozen as a result of the Synapse Financial Technologies Inc. bankruptcy, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options or submit a confidential Case Evaluation form here.