Bank of Hawaii settles overdraft fee class action lawsuit

August 10, 2011
By Steve Larson

A $9 million class action settlement has been reached in a class action lawsuit against Bank of Hawaii. The complaint alleged that Bank of Hawaii improperly charged overdraft fees on debit card transactions by re-ordering debit card transactions from highest dollar amount to lowest dollar amount to maximize overdraft fees.

It appears that some of the banks are now willing to settle these cases and put these bad practices behind them.

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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