Harris Bank settles excessive overdraft fee class action

December 30, 2011
By Steve Larson

On December 21, 2011, the parties informed the court that they had reached an agreement in principle, under which Harris Bank will pay the sum of $9.4 million in exchange for a full and complete release of all claims that were or could have been brought against Harris Bank in the multidistrict litigation pending in South Florida.

This is the seventh bank to settle these claims in the MDL proceeding.

Categories: Class Actions of Interest

Tags: Bank overdraft

Steve Larson

An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, environmental clean-up litigation, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve’s clients value his creative approach to resolving complex litigation matters.

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