Home

Tycko & Zavareei Files Class Action Suit Against Fifth Third Bank
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Washington, D.C. law firm Tycko & Zavareei has filed a class action suit against Cincinnati-based Fifth Third Bank, alleging predatory overdraft fee practices.

The suit charges that Fifth Third manipulates customer debit transactions by posting them to customer accounts in the order of largest amount to smallest instead of when they are received to generate overdraft fees.

As a result of this alleged posting, customers are hit with overdraft fees even if they have money in their accounts. The suit claims hundreds of millions of dollars of illegal fees have been generated this way.

  
What
Where


A November 2009 ruling by the Federal Reserve Board which disallows banks from charging overdraft fees without consumer consent has, in part, enabled lawsuits such as this one.

Founded in 2002, Tycko & Zavareei’s practice is focused in areas including housing, employment, intellectual property and consumer rights litigation.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Deputy General Counsel / Senior Deputy General Counsel

USA-CA-Sacramento

Cal Cities Culture and Mission Cal Cities is dedicated to creating a collaborative and inclusive ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

SEARCH IN ARCHIVE

To Top