Underpayment Regarding Synapse Financial Technologies Inc. Bankruptcy

Posted on behalf of Arnold Law Firm in ,

NOTICE: If you believe you are owed money concerning an account you held with a Financial Technology company that was frozen as a result of the Synapse Financial Technologies Inc. bankruptcy, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options or submit a confidential Case Evaluation form here.


On April 22, 2024, Synapse Financial Technologies, Inc. (“Synapse”) filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in the Central District of California. As a result of this Synapse’s financial technology company (“Fintechs”) customers’ account holders were and have been unable to access some or all of their funds. Synapse’s bank partners, Lineage Bank, American Bank NA, and AMG National Trust Bank (“Partner Banks”) claim to have repaid these Fintech account holders the amounts that that those Partner Banks owe those account holders. However, many account holders are receiving substantially less money than their accounts show them being owed.

If you had an account with one of many Fintechs that were customers of Synapse, including, but are not limited to: Abound, Changed, Cleo, Copper, Juno, Yotta, Yieldstreet, Rho, Mercury, Dave, Cleo, Relay, Rho, Stilt, Glance Capital, GigWage, Gravy, Gragr, IDT, and/or Latitud, and you have not received any payment or only a partial payment from one of these Partner Banks, contact us now.


NOTICE: If you believe you are owed money concerning an account you held with a Financial Technology company that was frozen as a result of the Synapse Financial Technologies Inc. bankruptcy, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options or submit a confidential Case Evaluation form here.

Settlement - $3,767,000

Truck Accident

A 20-year-old man who had been married for just 12 days left home on his way to work. He was driving on Pleasant Grove Road in Sutter County in the early morning when he came upon a slow-moving truck. As he pulled out to pass the truck, the truck driver turned left in front of him. The young man attempted to steer back into his lane but his vehicle struck an un-flagged piece of metal extending from the back of the truck. He died in the resulting crash.

Expert witnesses brought in by the Arnold Law Firm proved that the truck, owned and operated by a hauling firm, should never have been on the highway that morning. Specifically, the rear and side turn signals did not work and the rear-view mirror was in a poor state of adjustment at the time of the collision. As a result, the driver, who had failed to properly inspect the vehicle before setting out that morning, couldn’t see the young man’s vehicle as it attempted to pass.

The poor condition of the truck, its lack of maintenance and the manner in which it was operated were found to be substantial factors in causing the collision that killed the young man. The testimony also established that the man had been making a lawful pass at the lawful speed limit and acted reasonably when he attempted to avoid the collision.

The man’s 20-year-old widow was awarded $3,767,000.77, his parents were awarded $185,131 and the family was reimbursed $11,899 in funeral expenses. Though money is a poor substitute for a young man’s life, this verdict demonstrates that drivers who endanger the lives of others will be held accountable for their actions.