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: Bodily Injury Blog

Lawsuit: Bank Charges Improper Overdraft Fees

By Edward Bills

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A class action lawsuit was filed last week on behalf of Georgia residents who believe they were being charged improper overdraft fees by Fifth Third Bank even though they had proper funds in their accounts. The lawsuit demands the bank pay back hundreds of millions of dollars in fees it charged to customers and claims the bank illegally manipulates debit transaction postings to cause overdraft fees. The lawsuit also claims that the bank does not allow customers to opt out of overdraft protection as is suggested by federal regulators

Full post as published by Bodily Injury Blog on February 04, 2010 (boomark / email).

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