Fifth Third Bank
American bank holding company
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| March 8 2024 | Minnesota Attorney General filed a lawsuit against Fifth Third subsidiary Dividend Finance and three other lending companies for allegedly charging $35 million in hidden fees on solar panel financing loans. |
| September 14 2023 | A class action suit by former MB Financial shareholders was settled, with Fifth Third paying $5.5 million over allegations of artificially inflating stock prices through cross-selling strategies. |
| May 2023 | The bank acquired two companies: Rize Money and Big Data Healthcare, further expanding its business portfolio. |
| April 27 2023 | A jury sided with Fifth Third in a lawsuit regarding its Early Access loan program, finding that customers were aware of the fee structure despite high APR estimates. |
| August 4 2022 | A $50 million settlement was finalized in the telemarketing laws lawsuit filed by small business owners against Fifth Third and other companies. |
| May 2022 | Fifth Third acquired Dividend Finance, a San Francisco-based residential solar power lender, diversifying its financial services. |
| August 2020 | The bank signed a partnership with Trust & Will, expanding its service offerings. |
| March 9 2020 | Consumer Financial Protection Bureau (CFPB) charged Fifth Third with illegal cross-selling, which was resolved in 2024 with a $20 million payment and remedial actions. |
| May 2018 | Fifth Third acquired MB Financial in a significant $4.7 billion transaction. |
| December 2016 | Small business owners filed a lawsuit against Fifth Third, Vantiv, and National Processing Company for alleged violations of telemarketing laws. |
| September 2015 | US Department of Justice and Consumer Financial Protection Bureau announced an $18 million settlement resolving allegations of discriminatory lending practices against African-American and Hispanic borrowers in Fifth Third's indirect auto lending business. |
| February 2011 | Fifth Third Bank repurchased the Treasury's investment made during the Troubled Asset Relief Program. |
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