Squitieri & Fearon, LLP

Bank Overdraft Fees and Transaction Reordering Investigation

We are representing people throughout the country whose banks have manipulated the way that they process transactions in order to maximize overdraft fees.   Countless banks have turned the assessment of overdraft fees into a major profit center, collecting billions of dollars annually by imposing overdraft fees, often when the fees are unjustified.  Our investigation has determined that many banks reorder transactions in order to impose multiple overdraft fees. In many instances, these overdraft fees cost account holders hundreds of dollars in a matter of days, or even hours, when they may be overdrawn by only a few dollars.  Even more egregious, customer accounts may not actually be overdrawn at the time the overdraft fees are charged, or at the time of the debit transaction. Have you lost money as a result of the same or similar activities by your bank? Report your case.