| Volume 129 Number 13 |
Subscribe to the Newsletter
Forward this news alert to your family and friends
Helpful Links
Texas Consumer Complaint Center
Credit Reports and Identity Theft
Your Guide to Small Claims Court
Contact Us
1-713-743-2168
The People’s Lawyer’s Tip of the Day
Do you haggle? The price of almost everything you buy, including medical services, is usually negotiable. When it comes to any larger purchase, don’t be afraid to ask if the price is “the best they can do”? Click here for more.
More Consumers Shopping Online for Black Friday
A staggering amount of buying took place on the Internet this past Black Friday, setting a sales record. This Thanksgiving weekend saw more than 154 million consumers shop for deals, the National Retail Federation said on Sunday. Shoppers spent just over $289 on average, which was down from just under $300 last year. However, this was the first Black Friday in retail history to reach over one billion dollars in mobile revenue at $1.2 billion. Click here for more.
Your Money
It seems like everything is going digital these days and now you can find the best deals through shopping apps. There are a handful that can help you save cash and reduce the amount of time spent scouring the internet and circulars for deals. Your greatest defense on the shopping battlefield is being informed. Follow the link for four of the best shopping apps to download. Click here for more.
For the Lawyers
Bank may owe a duty of care to a noncustomer and thus be liable under a negligence theory. Chang brought suit against Chase Bank when a third-party stole $750,000 from him through a wire under fraudulent pretenses that it would be held in escrow in a Chase account. Chang sued Chase to recover the money under claims that a Chase employee had assisted the third-party in the fraud. The court found that the third-party had a fiduciary duty to Chang. Thus, the Eleventh Circuit reversed the district court's dismissal of Chang's claims, because a bank may be liable to a noncustomer for its customer's misappropriation when a fiduciary relationship exists between the customer and noncustomer. Chang v. JP Morgan Chase Bank (11th Cir. 2016). Click here for more.