Eleventh Circuit forces arbitration in SunTrust overdraft class action

Posted on: March 7th, 2012 by Steve Larson
Share

The Eleventh Circuit on Thursday ordered members of a putative class action alleging SunTrust Banks Inc. hit them with exorbitant overdraft fees must take their case to arbitration, overturning a lower court ruling in the broader multidistrict litigation over overdraft fees.

The Eleventh Circuit found that under Georgia law the arbitration clause was not unconscionable.