Law's Eric Chaffee weighs in on New York’s $1 billion lawsuit against Zelle
U.S. News & World Report: Eric Chaffee, professor and the Peter M. Gerhart Distinguished Research Scholar at the School of Law, said New York’s $1 billion lawsuit against Zelle will likely be lengthy, with both sides maneuvering before resolution. He noted attorney generals rarely file weak cases, but proving fraud is complex, and Zelle can challenge arguments. Still, publicity will likely draw many affected consumers forward.
