Commerce Bank settles excessive overdraft case for $18.3 million

On August 16, 2012, Judge King of the Southern District of Florida federal court preliminarily approved a settlement of a class action against Commerce Bank arising out of the bank’s alleged practices of reordering debit transactions from largest to smallest.  More than a dozen of these class actions that were all pending in the Southern District of Florida after being transferred there by the MDL panel have settled in recent months.

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.

Share: 

Legal Disclaimer

The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.