A Florida federal judge has denied requests by the nation's biggest banks to dismiss a class action suit by checking account customers who claim they are being charged abusive overdraft fees on debit cards. The ruling keeps alive a closely watched consumer lawsuit that could be worth hundreds of millions of dollars and is shining a national spotlight on what plaintiffs lawyers say are egregious bank practices. Defendants in the suit include Bank of America, Citibank, Wells Fargo, Wachovia, JPMorgan Chase and SunTrust.
March 16, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A Miami federal judge has denied requests by the nation’s biggest banks to dismiss a class action suit by checking account customers who claim they are being charged abusive overdraft fees on debit cards.
Senior U.S. District Judge James Lawrence King’s 50-page ruling Thursday keeps alive a closely watched consumer lawsuit that could be worth hundreds of millions of dollars and is shining a national spotlight on what plaintiffs lawyers say are egregious bank practices.
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