32 years old Brian Adesman filed a lawsuit in California claiming that his account at the Chase bank was shut down without any prior information or notice. The bank’s actions affected Adesman’s life negatively and he turned homeless and had to cancel his wedding as well despite the engagement already having taken place.
Adesman’s credit score has also been hit badly because of the shut down of his account and he was forced to buy a 1992 Coachmen Catalina mobile home for $3,500 as his failure to pay his mortgage for several months led to him losing his house.
Adesman is now engaged in a legal battle with Chase bank where he has been a customer for almost a decade. Both the business and personal accounts of Adesman were shut down by the bank in early 2024 when he was working as a founding lawyer at Miller Adesman, focusing on personal injury, employment, and class action lawsuits, as The U.S. Sun reported.
Talking about his experience, Adesman told The U.S. Sun, “They refused to tell me why they were holding my money. No warning. No explanation. Just silence — while my credit score collapsed and debt collectors flooded my phone.”
He further added, “This wasn’t just my business account — Chase shut down my personal and client trust accounts too, without cause. It wasn’t policy enforcement. It was financial destruction.”
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Adesman’s lawsuit also mentions the fact that the bank did not offer him any notice prior to such a drastic decision and also, there has been no explanation from their end regarding their actions. Adesman has filed a complaint against the bank through the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Attorney General and the Department of Financial Services but till now nothing fruitful has taken place.
While his legal battle is going on with the bank, Adesman has mentioned that he has still not received any money from the bank. A spokesperson on behalf of the Chase Bank told The U.S. Sun, “We identified concerning transactions and took appropriate action as permitted by our account terms.”
The spokesperson then mentioned another lawsuit that has been filed against Adesman’s law firm where “a secondary legal case was brought by a title company that claims it was tricked into making fraudulent payments, $3.7 million of which were deposited into Adesman’s law firm’s account” The U.S. Sun reported. However, the spokesperson did not confirm if that lawsuit was the reason behind Adesman’s account getting cancelled.
Adesman, however, mentioned that there were no concerning transactions that were made and rather the bank chose to close his account despite receiving legal settlements after he served a Mexican client. He also said that he was not aware of any secondary lawsuit until the bank mentioned it, adding, “I was never told about, involving parties I’ve never heard of and facts I know nothing about and yet Chase is now pointing to it as some sort of retroactive justification for what they did to me.”
He further mentioned that after his first lawsuit, the bank had promised to return him funds from his business account amounting to $175,649 and claimed that he would get the money within 10 days. However, Adesman said that the money has not reached him yet.
