High Court Asked To Mull Arbitration In Overdraft Suits

Law360, Washington (August 3, 2012, 6:53 PM EDT) -- Two Regions Financial Corp. customers have told the U.S. Supreme Court that an Eleventh Circuit decision sending disputes over excessive and improperly charged overdraft fees to arbitration makes it impossible for customers to recover the funds and should be overturned.

Lawrence D. Hough and Pamela J. Hough filed a petition for a writ of certiorari July 26 over an appeals court decision saying Regions' tough arbitration rules in customer deposit agreements — which hold the plaintiffs liable for the bank's arbitration expenses — are allowable under...
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