Court grants final approval of settlement of Bank of the West excessive overdraft case

Posted on: January 7th, 2013 by Steve Larson

FeeOn December 18, 2012, Judge King from the Southern District of Florida, where the numerous excessive overdraft cases were sent by the MDL panel, granted final approval of an $18 million settlement between Bank of the West and the settlement class.  The parties will have to wait 30 days to see if there are any appeals from the final approval order.  If there are no appeals, checks should go out in about 90 days.