Lawsuits Accusing Banks of Illegal Overdraft Fees Start to Add Up
For the third time in a month, Washington, D.C.'s Tycko & Zavareei has filed a lawsuit challenging overdraft fees, this time targeting Cincinnati-based Fifth Third Bank. Customers allege that the bank charges unjustified overdraft fees in violation of state and federal laws and want the bank to refund hundreds of millions of dollars in allegedly unlawful charges. Two similar suits were filed in January against TD Bank and Citizens Financial Group, and the law firm says more suits are in the pipeline.
