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How will USAA's revenue change in the next quarterly report following the settlement?
2
Resolution / Starting Odds
Increases • 25%
Decreases • 25%
Remains the same • 25%
Not disclosed • 25%
USAA's official quarterly financial reports
Story
USAA to Pay $62.4 Million to Settle Military Fee Lawsuit
Aug 5, 2024, 06:24 PM
USAA, the financial services company serving military personnel and their families, has agreed to pay $62.4 million to settle a military fee lawsuit. The lawsuit alleged that USAA overcharged service members and veterans on interest rates and fees. This settlement resolves claims that USAA imposed excessive charges on its customers, leading to significant financial burdens.
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