Articles Posted in Alsup

Ninth Circuit Addresses Wells Fargo Overdrafts
Samuels Yoelin Kantor LLP

(December 26) The U.S. Court of Appeals for the Ninth Circuit has vacated a $203M ruling against Wells Fargo Bank related to overdraft fees. California consumers had sued the bank under the state’s Unfair Competition Laws, claiming that the bank’s practice of posting a day’s debit-card transactions in order from highest to lowest tended to…

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