Several South Florida law firms have hit pay dirt in two settlements, banking $53.4 million in attorney fees to end overdraft fee class actions.
U.S. District Judge James Lawrence King approved a settlement Dec. 19 with JPMorgan Chase Bank for $162 million, which delivers $48 million to the plaintiffs attorneys. The previous day, he approved a deal with California-based Bank of the West for $18 million, including $5.4 million in attorney fees. Firms received 30 percent of total settlement dollars in both cases.
