In Re Checking Account Overdraft Litigation

 

In this multi-district litigation pending in the Southern District of Florida, attorneys at Whatley Kallas represent a certified class of consumers asserting claims against TD Bank and a proposed class of consumers bringing claims against Citizens Bank in connection with their overdraft fee policies applicable to debit card transactions, which are alleged to have deceptively maximized overdraft fees through the undisclosed re-sequencing of debit card transaction from highest to lowest dollar amount. In August 2012, Citizens Bank settled for $137,500,000 and TD Bank settled for $62,000,000 as cash compensation to the Settlement Class. On March 7, 2013, the District Court finally approved the Settlements. For more information on the settlement with Citizens Bank, please visit https://www.citizensoverdraftsettlement.com. For more information on the settlement with TD Bank, please visit http://www.tdbankoverdraftsettlement.com.