Judge Orders Arbitration In Overdraft MDL

Law360, Miami (August 28, 2013, 4:08 PM EDT) -- A Florida federal judge overseeing multidistrict litigation regarding checking account overdraft fees on Tuesday deemed the arbitration provisions signed by KeyBank NA and Wells Fargo & Co. customers enforceable.

One day after hearing the parties' arguments regarding the arbitration clause, U.S. District Judge James Lawrence King dismissed putative class suits by KeyBank customer David Johnson and Wells Fargo customer Alicia Kennedy because both signed contracts that include provisions requiring that the parties resolve any disputes in mediation.

“Based on the arguments presented, as well as a...
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Case Title

In Re: Checking Account Overdraft Litigation


Case Number

1:09-md-02036

Court

Florida Southern

Nature of Suit

Contract: Other

Judge

James Lawrence King

Date Filed

June 10, 2009


Case Title

Johnson v. KeyBank National Association


Case Number

1:10-cv-21176

Court

Florida Southern

Nature of Suit

Contract: Other

Judge

James Lawrence King

Date Filed

April 13, 2010


Case Title

Kennedy v. Wells Fargo Bank N.A.


Case Number

1:11-cv-21313

Court

Florida Southern

Nature of Suit

Fraud or Truth-In-Lending

Judge

James Lawrence King

Date Filed

April 14, 2011

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