CFPB Alleges Walmart Illegally Opened Accounts for Over 1 Million Drivers
The Consumer Financial Protection Bureau (CFPB) filed suit against Walmart and Branch Messenger, alleging they coerced over a million delivery drivers into using costly deposit accounts to access wages. The lawsuit claims the companies opened accounts without authorization, forcing drivers to pay approximately $10 million in fees to transfer funds. Walmart and Branch deny the allegations, citing factual errors and a lack of due process. The CFPB contends the practice harmed low-income workers, highlighting a broader issue concerning gig worker protections.
John Q. Hosedrinker