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Canada's banks face crackdown on overdraft fees with proposed cap of $10
19 Apr 2024 18:55 GMT
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Currently charge a penalty of $35 to $50 for an NSF transaction
Author of the article:
Bloomberg News
Christine Dobby
Published Apr 19, 2024 • Last updated 24 minutes ago • 2 minute read
The federal budget is …
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Five Star Bank sued for overdraft fees
16 Apr 2024 16:25 GMT
A federal lawsuit seeking class action status has been filed against … bank is improperly charging customers overdraft fees.
Wendy Gurrant, of Livingston … other transactions, defendant improperly charges (overdraft) fees on those APPSN transactions,” the …
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Consumer Protection: Credit union fails to dismiss overdraft fee suit
09 Apr 2024 01:00 GMT
… dismiss a putative class action over its overdraft fee policy, but the … Background
In this putative class action, Virginia is for Movers … Federal Credit Union’s overdraft fee policy on what plaintiffs … that APSN transactions incur overdraft fees.
And when an opt …
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Frost Bank faces proposed overdraft fee class action
08 Apr 2024 17:05 GMT
… proposed class-action lawsuit claiming it subjected customers to “crippling” overdraft fees, … of charging its customers Overdraft Fees on transactions that did … potential class-action lawsuit over “unfair and unconscionable collection of overdraft fees” …
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Case closed: Allegacy Federal Credit Union settles in overdraft fees case
19 Mar 2024 18:22 GMT
Although an initial settlement was reached in August, the N.C. Business Court said the case indicated a sweetheart deal or collusive payoff was to prevent a class action case. While the individual plaintiff and Allegacy agreed on new terms, the possibility …
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Class Action Litigation Newsletter | 4th Quarter 2023
14 Feb 2024 03:04 GMT
… lacked sufficient funds, plaintiff incurred overdraft fees that were assessed by the … class action alleging that Klarna misrepresents and conceals the risk of bank overdraft fees … . 2023)
Class action remanded to state court based on Class Action Fairness Act …
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HomeStreet Bank Faces Class Action Over Multiple Charges for Single Transaction
17 Jan 2024 17:03 GMT
A class action complaint in Washington Superior Court … routinely charged more than one overdraft fee or nonsufficient funds fee on …
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Overdrawn checking account? Some banks still haul in millions in overdraft fees
12 Jan 2024 15:11 GMT
… S.” — eliminated overdraft fees on all accounts. “Overdraft fees are a pain … in surprise overdraft fees.
In October, two customers seeking class-action status sued … Fifth Third Bank, alleging it charged “unconscionable” overdraft fees …
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Iowa bank that includes Omaha office faces class-action lawsuit alleging ‘crippling’ fees
04 Dec 2023 23:51 GMT
… a potential class-action lawsuit claiming it has charged “crippling” overdraft fees to its …
The lawsuit alleges these “crippling” overdraft fees are unwarranted because a customer … customer can be charged multiple overdraft fees in quick succession, driving …
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Iowa bank faces class-action lawsuit over ‘crippling’ fees charged to customers
01 Dec 2023 22:42 GMT
… is facing a potential class-action lawsuit over “crippling” overdraft fees charged to its …
The lawsuit alleges these “crippling” overdraft fees are unwarranted because a customer … customer can be charged multiple overdraft fees in quick succession, driving …