Hip Hop Mogul Russell Simmons Finds Himself In An Lawsuit Regarding RushCard Computer Glitch Issues

Hip Hop Mogul Russell Simmons Finds Himself In An
Lawsuit Regarding RushCard Computer Glitch Issues

Russell Simmons

BHR Hollywood Reports..........Five RushCard customers are suing for negligence, fraud, breach of contract, and violation of the New York deceptive acts and practices law.

Along with the lawsuit, RushCard is under investigation by the Consumer Financial Protection Bureau.
The suit claims fraud because thousands of users were not able to withdraw money from their accounts for more than 12 days.

Rush Card 

The individuals who filed the lawsuit said they weren't able to pay their rent or electricity bills or buy food, just a few of the financial inconveniences they experienced as a result of not being able to access their cash. Some users even claim that money was missing from their accounts.

There is no word on how much the cardholders are suing for, but the reports claim that they want Simmons and his partners to pay for "damages and restitution."

According to the companies that run the card—Rush

Russell Simmons 

Communications, UniRush and Meta Financial Group Inc.—the glitch was a result of switching transaction-processing vendors.

Simmons personally tweeted about the glitch Thursday, assuring cardholders that everything was up and running, except for one feature.

He was empathetic about the problems the glitch had caused cardholders, and went on to say that he welcomes the federal investigation because it'll show that he's running a clean financial shop.

Daylight ALL FUNCTIONS back up. Except that there area few people that have problems with card to card transfer fixing that now

— Russell Simmons (@UncleRUSH) October 22, 2015