Harris Bank settles excessive overdraft class action for $9.4 million

Posted on: October 23rd, 2012 by Steve Larson

On October 4, 2012, Judge King, presiding over the MDL proceedings against the various banks of charging excessive overdraft fees by reordering debit sequencing, preliminarily approved a settlement of the class action pending against Harris Bank for $9.4 million.

The final approval hearing will be April 19, 2013.