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Bank of Oklahoma Now Named in Global Client Solution Class Action Case

Global Client Solutions is facing yet another class action suit. What makes this one different is that it includes the bank they ran to, Bank of Oklahoma, after they ran from Rocky Mountain Bank & Trust. Apparently Global Client Solutions is like the enchanted wand you don’t want to touch or you’ll be sucked into a lawsuit.

This case is Milhisler v. Global Client Solutions, GHS Solutions, Rocky Mountain Bank & Trust, and Bank of Oklahoma is a class action case.

The complaint, moved to Federal Court on September 6, 2011, alleges:

Global Clients Solutions (“GCS”) was in partnership with Rocky Mountain Bank & Trust (“RMBT”) and Bank of Oklahoma (“BOK”) to manage and maintain debt settlement accounts as part of debt settlement programs offered by hundreds of companies, including GHS.

GHS sold debt settlement services to Oklahoma residents that are said to be illegal, usury in nature, and violate the Oklahoma debt pooling statutes.

The suit makes the same connection that other GCS suits have made, that GCS should have known that the contracts they were aiding to be rendered were illegal in the states the debt settlement companies they were assisting were selling in.

In violation of the Oklahoma debt pooling statutes, the consumers were charged fees prior to any services being rendered. And GCS participated in this alleged illegal enterprise by being the conduit by which these illegal fees were transferred out of Oklahoma.

The case makes mention of the FDIC warning letter against Rocky Mountain bank & Trust that was previously covered in Rocky Mountain Bank & Trust / Global Client Solutions – FDIC SHOCKER!.

The complaint also mentions the quiet movement of client funds on or about August 9, 2009 from RMBT to the new GCS partner bank, BOK.

In part, this case seems very similar to the case argued in front of the State of Washington Supreme Court in which Global Client Solutions was found to be a debt adjuster under their statute. See Washington Nails Global Client Solutions as a Debt Adjuster. Game Changer.

The defendants in this case are charged with violating the Oklahoma Consumer Protection Act, engaging in illegal debt pooling, violation of the Oklahoma Deceptive Trade Practices Act, and engaged in unjust enrichment.

This case was filed by:

Curtis Bruehl, Esq.
The Bruehl Law Firm
14005 N. Eastern Ave.
Edmond, OK 73013
405-657-1221

Documents

Notice of Removal

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Oklahoma Complaint

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Summons

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Summons

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Reservation of Time

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Oklahoma Court Information

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Declaration of Brent Hampton

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Filing Cover Page

Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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Bank of Oklahoma Now Named in Global Client Solution Class Action Case
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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Kunst2000_84092

    holy shit harry

  • MS

    I’m still waiting to see actions against Global due to their software company, Debt Manager, LLC, which sells debt settlement software and provides Global with access to consumer debt info via the databases that Debt Manager uses.

    http://ghtulsa.com/companies.html

  • Guest

    No secret…but newsworthy. George Kaiser government guaranteed private investor to Solyndra is Chairman of the Board of the Bank of Oklahoma. The very bank carrying the water for Global Client Solutions and the debt relief companies supposedly helping consumers get out of debt. Now Solyndra files bankruptcy and the Bank of Oklahoma owner gets last minute priority for government payback. While debt relief companies use his Bank to collect funds from average consumers seeking relief from predatory entitities while destroying their credit and not paying back the money….and he’s NOT a Republican trying to fleece the masses.

  • Harry Milhisler

    Hi Harold Milhisler here…..saw your posting on my case in Oklahoma. Other than the Idaho case are you aware of any other cases that have been settled. Additionally, do you know what the settlement was for in ID and how many defendants there were?

    • http://GetOutOfDebt.org Steve Rhode

      The Idaho matter was pursued by the state and not in a private action. You’d need to call the Idaho department that is handling refunds at (888) 346-3378.

      Be sure to keep us posted on your case as it moves forward.

      • Harry Milhisler

        Will do…thank you.

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