Request Legal Help Now - Free

Class-action Lawsuit Filed Against FirstMerit Over Bank Overdraft Fees

. By
Akron, OHA recently filed class-action lawsuit accuses Akron, Ohio-based FirstMerit of "unfairly manipulating" the order of customer transactions, which resulted in excessive overdraft fees, the Cleveland Plain-Dealer reports.

FirstMerit is the latest bank to face legal issues as a result of the excessive overdraft fees. According to the news provider, Fifth Third and Wells Fargo banks were recently accused in similar cases.

The lawsuit against FirstMerit was reportedly filed in Summit County Common Pleas Court on behalf of Donald and Vickie Stevens of Crestline, Ohio, the news source said.

According to the complaint, the Stevens's had been charged with nearly $1,000 in overdraft fees in recent years stemming from electronic and debit transactions.

"FirstMerit's overdraft fees often cost a customer hundreds of dollars in a matter of days or hours, even when the customer actually is overdrawn by only a few dollars or not at all," the lawsuit said.

According to ABC News, the Office of the Comptroller of the Currency estimates that complaints from customers of the 1,500 banks it regulates are expected to reach 80,000 this year.


Bank Overdraft Fee Legal Help

If you or a loved one have suffered losses in this case, please click the link below and your complaint will be sent to a financial lawyer who may evaluate your Bank Overdraft Fee claim at no cost or obligation.


Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Click to learn more about
Request Legal Help Now! - Free