Thursday, March 17, 2016

Russell Simmons Settles RushCard Lawsuits


Over the summer users of Russell Simmons' RushCard were left without access to their funds for over 30 days with some never recovering funds lost [click here if you missed that].

Russell Simmons has agreed to make his users whole...

According to The Jasmine Brand several class action lawsuits filed against Russell Simmons and the RushCard have been withdrawn because the plaintiffs and Russell have reached an agreement.

The deals are expected to be finalized in the following weeks then all claims against Russell and RushCard will be dismissed.

Fun Fact: Back in 2013 Russell Simmons and his brother Rev Run were sued by their Pastry Sneaker line business partner who claimed they siphoning cash from the company [click here if you missed that].