Justices Again Snub Class Action Standing Question

Law360, New York (March 10, 2014, 7:54 PM EDT) -- The U.S. Supreme Court on Monday once again passed on a chance to decide whether class actions under consumer protection statutes can advance even when the alleged misconduct caused no direct financial harm, leaving intact suits against two banks over allegedly improper ATM fees.

In their usual fashion, the high court justices refused to take up a petition from First National Bank of Wahoo and Mutual First Federal Credit Union that sought to nix class claims under the Electronic Funds Transfer Act on the grounds that...
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