November 07, 2019
Customers of the Royal Bank of Canada's former U.S. retail banking arm asked a Florida federal judge Wednesday to consider the $7.5 million settlement they've reached with the unit's successor-in-interest, PNC Bank NA.
September 27, 2019
After the Eleventh Circuit backed its arguments, Wells Fargo NA won its bid to send unnamed class members' claims into arbitration in five suits in multidistrict litigation accusing banks of deceptive practices regarding overdraft fees.
February 11, 2019
Resolving one of the last remaining threads of long-running multidistrict litigation over checking account overdraft fees, the Royal Bank of Canada's former U.S. retail banking arm has agreed to pay customers $7.5 million to settle two proposed class actions.
October 11, 2018
The Royal Bank of Canada's former U.S. retail banking arm urged a Florida federal judge on Wednesday not to certify several proposed account holder classes pursuing claims against it as part of multidistrict litigation over banks' overdraft practices, arguing the classes include customers whose claims must be arbitrated.
October 17, 2016
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.
July 05, 2016
RBC Bank on Tuesday lost its bid to scrap common law claims for a putative class of customers who say it manipulated debit accounts to unfairly charge overdraft fees, when a Florida federal judge held that doing so would go against established practices and common sense.
March 09, 2016
A Florida federal judge has given preliminary approval to a $24.5 million settlement that ends a class action accusing BancorpSouth Inc. of rigging checking accounts to unfairly charge overdraft fees.
February 08, 2016
RBC Bank USA must face a consumer's claim that it charged excessive overdraft fees, a Florida federal judge said Friday, finding that a consumer agreement nixed by the Eleventh Circuit was valid at the time of the alleged fee overcharge.
December 03, 2015
Attorneys for RBC Bank USA urged a Florida federal judge Thursday to toss claims over its allegedly excessive overdraft fees, arguing that the consumer's claims are no longer viable after an Eleventh Circuit decision deemed the consumer agreement invalid.
August 24, 2015
A Florida federal judge has shot down Wells Fargo Bank NA's request to reconsider class certification in a multidistrict litigation accusing the bank of improperly processing debit card and ATM transactions in order to maximize overdraft fees.