BANK OVERDRAFT NEWS ARTICLE EXCERPT INDEX
November 8, 2011
Washington Post, "Judge Approves $410 million settlement of lawsuit against Bank of America on overdraft fees"
A federal judge on Monday gave final approval to a $410 million settlement in a class-action lawsuit affecting more than 13 million Bank of America customers who had debit card overdrafts during the past decade. More...
November 8, 2011
BusinessWeek, "BofA Wins Approval for $410 Million Overdraft Fee Settlement"
Bank of America Corp., the largest debit card issuer, won court approval of a $410 million settlement with customers who accused the bank of charging excessive overdraft fees for electronic transactions. More...
July 26, 2011
"Union Bank Customers Win Class Certification In Overdraft MDL"
A Florida federal judge on Monday granted class certification to Union Bank NA customers in multidistrict litigation accusing multiple banks of breaching contracts by unfairly charging exorbitant overdraft fees. More...
July 26, 2011
"National Class Certified in Claims Against Excessive Bank Overdraft Fees"
A California judge is my new personal hero. Not the wise and fair-minded U.S. District Judge Vaughn R. Walker, who overturned the state's odious gay marriage ban -- he's last week's hero. Now it's the wise and fair-minded -- and obviously infuriated -- U.S. District Judge William Alsup who on Tuesday ordered Wells Fargo & Co. to pay back $203 million in sleazy overdraft fees to bank customers. More...
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