The Consumer Financial Protection Bureau (CFPB) has sued Walmart and Branch Messenger, alleging they exploited Walmart’s Spark Driver delivery workers by forcing them into costly deposit accounts and

Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, complicated deposit accounts in order to get paid and raked-in millions in the process.

A consumer protection agency has sued Walmart Inc. and a digital banking firm, claiming the companies forced a million Spark delivery drivers to use costly bank accounts and charged them more than $10 million in fees.

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart, accusing the retail giant and its partner, Branch Messenger, of defrauding delivery drivers out of millions of dollars.

Walmart Inc. (NYSE:WMT) shares are trading lower on Monday. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the company and Branch Messenger over concerns regarding junk fees.

The Consumer Financial Protection Bureau sued Walmart and the payments platform Branch Messenger in federal court in Minnesota.

The U.S. consumer finance watchdog accused Walmart and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees.

Walmart called the lawsuit factually inaccurate and said the agency didn’t give the company a fair chance to present their case

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and payroll service provider Branch Messenger, alleging they engaged in deceptive and abusive practices affecting gig workers.

The lawsuit claims Walmart and Branch opened accounts and deposited drivers' pay without consent since 2021, highlighting ongoing CFPB actions against companies mishandling worker and consumer financial accounts.