New York JPMorgan Chase, Ruth's Chris Steak House and others are being accused in a lawsuit of efforts to"cheat" small businesses out of federal stimulus funding.
An Illinois popcorn seller hurt by the coronavirus pandemic alleges that JPMorgan Chase's"pampering of its prized clients" like Ruth's Chris caused it to receive far less Paycheck Protection Program funding than needed, according to the lawsuit, which seeks class-action status and was filed in federal court in Illinois.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
🤑What else is New. .Shameful !!😖😠😡🤬
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facing furor, Ruth’s Chris high-end steak chain returns $20M small-business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. But how are they even able to get it in the first place? This is a shocking waste of funds! Who can we shame next? Potbelly sammiches is 'on the clock'
Source: NBCNews - 🏆 10. / 86 Read more »
Facing furor, Ruth’s Chris high-end steak chain returns $20 million small business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. when there is Free money' the greedy rich are always first in line with their hands out Awe man, they're gonna have to sell like 7 steaks to make that up. Well done!
Source: NBCNews - 🏆 10. / 86 Read more »
Facing furor, Ruth's Chris high-end steak chain returns $20M small-business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. Good This just in! RUTH'S RISKS WRATH, RETURNS RESCUE RICHES!
Source: YahooNews - 🏆 380. / 59 Read more »
Public Companies Rush To Repay Paycheck Protection Program Loans Amid Government PressureRuth's Hospitality, DMC Global, Wave Life Scienes and Sweetgreen have said they are returning their emergency small business loan funding. As they should! That money should have gone to SMALL businesses struggling to stay afloat. Let go of your insecurities. Let go of your pain. You are limitless. Nothing is holding you back. Smile. Love. Laugh. Don't forget to live. Ruth’s got caught gaming the system. Done with them.
Source: Forbes - 🏆 394. / 53 Read more »