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Wells Fargo Loses Arbitration Bids In Overdraft MDL Suits

By Shayna Posses (October 17, 2016, 6:27 PM EDT) -- A Florida federal judge held Monday that Wells Fargo can't force unnamed class members' claims into arbitration in five suits in multidistrict litigation accusing banks of deceptive practices regarding overdraft fees, saying the bank chose to litigate the matters and that ordering the classes to arbitrate would be prejudicial....

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