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Megabanks face legal action on abusive overdraft fees
Tuesday, March 16, 2010
Daily Business Review: A federal judge in Miami has denied requests by the nation’s biggest banks to dismiss a class action suit alleging abusive overdraft fees on debit cards. Julie Kay reports the ruling “keeps alive a closely watched consumer lawsuit that could be worth hundreds of millions of dollars and is shining a national spotlight on what plaintiffs lawyers say are egregious bank practices.”
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Tags: Banking, Banks, class action lawsuits;
Category: In The News;