Wells Fargo Says Class Plan Is Too Complex In Overdraft MDL
By Nathan Hale (May 11, 2015, 9:55 PM EDT) -- Wells Fargo Bank NA urged a federal judge in Miami on Monday to reject class certification in two putative class actions included in multidistrict litigation over bank overdraft fees, saying the plaintiffs attorneys' proposal would make it impossible to fairly try the claims of all potential class members.
The parties returned for oral arguments before U.S. District Judge James Lawrence King after a two-year pause while Wells Fargo appealed his ruling that its waiver of its right to compel arbitration against the named plaintiffs carries over to the unnamed plaintiffs. The Eleventh Circuit vacated that finding on jurisdictional grounds because the...
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