Commerce Bank settles excessive overdraft case for $18.3 million

August 29, 2012 by

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, consumer cases, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, employment matters, 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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