Court preliminarily approves settlement of Comerica overdraft class action

November 18, 2013
By Steve Larson

On November 15, 2013, Judge King in the Southern District of Florida preliminarily approved a settlement of another excessive overdraft class action, this one against Comerica.

Under the terms of the settlement, Comerica will pay $14.58 million to obtain the release of plaintiffs’ claims. This lawsuit involved another bank that engaged in reordering electronic transactions from largest to smallest.

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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