JPMorgan Overdraft Settlement Approved In Florida

By  |  May 29, 2012
 | 

Miami’s U.S. District Judge James Lawrence King gave preliminary approval to JP Morgan Chase & Co.’s $110 million settlement related to overdraft fee litigation, according to Reuters.

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    More than 30 financial institutions were sued by consumers. Bank of America’s proposed settlement of $410 million is the largest dollar amount of any single institution.

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