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Attention: Overdraft Fees Unjustly Depleting Your Bank Account?
Join for a free overdraft fee review and reclaim your hard-earned money!
In 2019 alone, customers paid approximately $11.6 billion in overdraft fees. Banks often disguise these fees, confusing customers and unfairly increasing their revenue. This practice is not just unethical, but it may also be illegal.
Assert
Your Rights
Banks unfairly charging excessive overdraft fees is a widespread problem. Every year, thousands of banking customers are unjustly charged billions in overdraft fees. All Tort Solutions stands ready to challenge this status quo and support those affected by these wrongful practices. Don’t let your bank exploit your trust.
The fight against unlawful overdraft fees is not just about recovering financial losses but also about making a statement against exploitative corporate behaviors and demanding fair banking practices.
- Overdraft fees burden bank customers annually.
- Fees often unfairly target vulnerable individuals.
- Major banks, like Chase, face scrutiny.
- Overdraft programs lead to excessive fees.
- This case fights such unethical practices.
- Stand against corporate exploitation, reclaim rights.
Banks often use tactics to confuse and mislead you. Despite this, you have rights. If you suspect you've been wrongfully charged overdraft fees, you may be eligible to join a class action lawsuit to recover your money. ATS is committed to ensuring you understand your rights and options.
Unmasking Banks' Overdraft Strategies
Multiple NSF Fees: Single Transaction
Investigating excessive non-sufficient funds fees for a single transaction.
Manipulating Recurring Payments: Unfair Overdraft Fees
Some banks charge multiple overdraft fees for one failed transaction.
Reordering Transactions: A Hidden Fee Strategy
Banks reorder transactions from largest to smallest, increasing fees.
Varying Overdraft Fee Structures: Banks' Profit Tactics
Banks use tiered overdraft fees to enhance their revenue unfairly.
If you are a customer of any of these institutions and suspect you've been unjustly charged overdraft or NSF fees, you might be eligible to join our campaign to challenge these practices.
Banks
and Credit Unions
Our firm is diligently working towards gathering participants for potential class action lawsuits against certain banks and credit unions suspected of unjust overdraft and NSF fee practices. We’re focusing our efforts on these institutions:
- Merck Employees FCU (New Jersey)
- People First FCU (Pennsylvania)
- Patriot FCU (Pennsylvania)
- Corning Credit Union (New York)
- Wildfire Credit Union (Michigan)
- Bank of Those Island (Rhode Island)
- Ocean Bank (Florida)
- Star One Credit Union (California)
- First Citizens Bank (California)
- Provident Bank (California)
- TruWest Credit Union (Arizona)
- Parkway Bank (Arizona)
Past Victories Holding Banks Accountable
This federal case resulted in Wells Fargo paying $203 million to settle claims for wrongfully processing debit transactions to levy excessive overdraft fees, violating California law.
Wells Fargo Case (2014)
The bank agreed to pay $66.6 million as compensation to nearly 6 million customers who were unfairly charged extended overdraft fees, amounting to illegal interest rates."
Bank of America Case (2017)
JPMorgan paid $110 million to settle a lawsuit accusing the bank of unfair, deceptive, and unconscionable practices in collecting overdraft fees from checking accounts.
J.P. Morgan Chase Case (2012)
Overdraft Fee: Essential FAQs
Our collection of commonly asked questions provides in-depth insights into the ongoing bank overdraft fee lawsuits and how they could affect you.
What is a non-sufficient funds (NSF) fee?
An NSF fee is charged when a bank account doesn’t have enough money to cover a transaction, and the bank declines or returns the transaction unpaid.
How did banks use 'reordering transactions' to charge more fees?
Some banks processed the largest transactions first, regardless of the order they occurred. This could lead to multiple overdraft fees, inflating their profits.
What is an unfair overdraft fee practice?
Unfair practices can include charging overdraft fees for recurring payments, reordering transactions to maximize fees, or applying multiple NSF fees for a single transaction.
What happens if I participate in this class-action lawsuit?
If you believe you’ve been unfairly charged overdraft or NSF fees, contact us at All Tort Solutions. Our team will guide you through the process of joining the class action lawsuit.
