The troubles for Russell Simmons around his RushCard program are about to come to a close.
According to the Jasmine Brand, the music mogul is to reach a settlement in the class action lawsuit filed against him by five RushCard holders.
On Friday (March 11), the plaintiffs filed court documents saying that they were finalizing the settlement, in which Simmons promises to pay each of those accusing him of wrongdoing. Once the deal is finalized, they say they will drop the lawsuit and all claims against Simmons.
In October, thousands of people with RushCard were denied access to their funds for nearly two weeks. The subscribers were unable to pay for rent and food. Simmons said that the reason for the system being down was that the company was switching technological partners.
When the banking services became operative again, several users claimed that the amount of funds in their accounts was incorrect.
(This story was first published on October 26, 2015 and is as follows.)
Although the RushCard debacle, which lasted nearly two weeks and left thousands of RushCard users without access to their funds, has reportedly come to an end, Russell Simmons now faces a class action lawsuit as a result of the failure.
The Daily Mail reports that five RushCard holders recently filed a class action lawsuit against Russell Simmons, who serves as the founder of RushCard.
According to those who filed the lawsuit, during the time of the card failure, they were unable to buy food for their families or pay rent and other bills.
“They are suing for negligence, fraud, breach of contract and violation of the New York deceptive acts and practices law,” the Daily Mail reports. “The cardholders are demanding the court order Simmons’ companies to pay restitution to those who suffered harm from not being able to access their cash, a judgement awarding damages and further damages for defendant’s knowing, willful and intentional conduct.”
In addition to the class action lawsuit against Simmons, RushCard is now under investigation by the Consumer Financial Protection Bureau.
Those at RushCard previously explained that the card errors were due to a glitch that took place when they switched to a new transaction-processing vendor.
On October 22, Simmons sent out a tweet, which read: “Daylight ALL FUNCTIONS back up. Except that there [are a] few people that have problems with card to card transfer fixing that now.”
This fucker should be burned alive. Now I have Fines to pay for missing my bills. Hope somebody kidnaps and tortures this f.aggot.
lol
My account is still not corrected!!! It has been 14 days now!!!!!
$300 that I deposited never showed up on my card! Snh
My money is same way paid for boots with rush card and returned them 2 days later that was Oct 11 here it is the 27th and has not made to my card I know there is other people with more money missing than me but I cal km they hang up was just on phone for hr and a half after this fuck tards tells us on Twitter that everything is up and running but still hang ups and don’t know what the hell there doing
My card is still down as well .. it’s been 10 days and my card says it’s invalid when I go to use it at the ATM… When I check my text alert ..my money is still there n the system … Bt yet they keep telling me their tryn to fix it and it should b fixed in 24 hours .. bt now I’m on day 10 and I can’t buy groceries for my children …pay bills or even put gas in my car to get to work .. once this problem is fixed I will never ever use this pre paid card ever again .
If you sorry fucks had real money and a little credit you would have real bank accounts like the rest of us.. blame your life for even depending on a rush card of all things.. A fucking rush card?? Pretty pathetic..
Can’t talk about Credit and “Real money”… Nighas Think cause they tied into the system they doing better lol foh
Shut the hell up cause u don’t people situation while you talking
Mine is still being stupid and I still have not received any of my money, called customer service the phone line just hangs up!!!!!!! Someone please help…
Same for me . I’m missing money. and every time I call it hangs up on me.
Yes, I’m missing some funds as well. I have been calling and they just give me the run around. I talk to several supervisors and it seems that no one is able to help me. They not even trying to help the customers in no kind of way. They are sad
Shut the fuck up. You are a waste of space in the world. Kill your self.?
Same with me it’s time to put is in the hand of a Lawyer
When u call and been on hold for 30 + mins, they tell u that the computer r down, and that they will take ur phone # and call u back, well I left my phone # 4 times never got a call… Also there nothing they can do with the computers down…
This is really sad I’m behind on all my bills cause I can’t get my money. Then I use bill pay to pay a bill they never got the money try week in a row and I have no money phone getting cut off lights getting cut off on top of that my dad is disabled. This is so frustrating. I need a lawyer
Funny thing they are back up and running for rushcard I can still not find out where some of my money went to and everytime I call I either get hung up on or they say they don’t have there system up and running and for the small amount that my situation is that there are more people with bigger problems than me and they will get it resolved and call me this was before all the upgrades started how do I get in on this lawsuit against rushcard this is a bunch of bull
Forget a Rush Card. Let’s Rush Russell Simmons!!!
Russell the crook
SINCE 2004 MY CARD HASNT BEEN WORKJNG ITS ABOUT TIME WE RISE UP AGAINST THEM!
#EveryThugNeedsARushCardddddddd!!!!