Several South Florida law firms have hit pay dirt in two settlements, banking $53.4 million in attorney fees to end overdraft fee class actions.
U.S. District Judge James Lawrence King approved a settlement Dec. 19 with JPMorgan Chase Bank for $162 million, which delivers $48 million to the plaintiffs attorneys. The previous day, he approved a deal with California-based Bank of the West for $18 million, including $5.4 million in attorney fees. Firms received 30 percent of total settlement dollars in both cases.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
