U.S. District Judge James Lawrence King ruled this week that Wells Fargo cannot force unnamed class members’ claims into arbitration in five lawsuits arising out of alleged improper re-ordering of overdraft fees that have been consolidated in multidistrict litigation in Florida.
Continue reading “Judge rejects Wells Fargo’s repeated bids to compel arbitration”
Last month the plaintiffs of five Wells Fargo overdraft fee class action lawsuits won class certification for their cases.
Continue reading “Wells Fargo overdraft class action certified”
On June 8, the plaintiffs of five Wells Fargo overdraft fee class action lawsuits won class certification for their cases.
Continue reading “Wells Fargo overdraft class action certified”
Wells Fargo Bank and plaintiffs that had incurred excessive overdrafts returned for oral arguments before U.S. District Judge James Lawrence King after a two-year pause while Wells Fargo appealed his ruling that its waiver of its right to compel arbitration against the named plaintiffs carries over to the unnamed plaintiffs.
Continue reading “Wells Fargo excessive overdraft class action back in the trial court”
Another in a long line of settlements by banks in excessive overdraft class action litigation has occurred.
Continue reading “Susquehanna Bank settles excessive overdraft class action”
On January 3, 2014, federal district judge King, in the Southern District of Florida gave final approval to a $55 million settlement of a class action brought by customers of US Bank against the bank alleging that the bank reorders debit transactions in order to collect excessive overdraft fees.
