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Case Details for "Fifth Third Bank "

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Fifth Third Bank named in class action for improperly charging overdraft fees

The class action lawsuit was filed on behalf of Fifth Third Bank  customers who were unfairly and illegally charged overdraft fees by Fifth Third Bancorp for charges they made on their ATM/debit cards.

The complaint alleges that Fifth Third Bank manipulates debit transaction posting to cause overdraft fees even when there are sufficient funds to pay for a certain purchase. Further, Fifth Third Bank fails to properly disclose fees that will be charged at the point of sale, and uses deceptive disclosures in its contract with customers to hide its true overdraft policies.

 

 

 

Posted on: 02/01/2010
Company/Organization: Fifth Third Bank
Scope: Nationwide
Affected Class: Fifth Third Bank customers who were improperly charged overdraft fees or who received insufficient disclosures about such overdraft fees
Type of Case: Consumer

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