You could be eligible to reclaim your money from predatory banks by filing an arbitration.
Banks have stolen your money for too long.
Banks like Wells Fargo and Chase collect billions of dollars per year in revenue – much of that from overdraft fees. In fact, 95 percent of the overdraft fees charged in the United States in 2020, according to the 2021 FinHealth Spend Report, were collected from households that were struggling financially. Your big bank’s CEO doesn’t need that money. You do.Fight Overdraft Fees
Why am I charged overdraft fees?
Overdraft fees happen when your bank purposefully approves a transaction that you cannot afford, charging you an exorbitant overdraft fee in the process. Though your bank could easily decline the transaction, saving you money in overdraft fees, they instead use your hard-earned money to line their own pockets. McCune Law Group is fighting back against predatory overdraft fees by representing customers of the largest banks in the United States like Wells Fargo and Chase and helping them reclaim their fees at absolutely no cost to the client.Fight Overdraft Fees
Wells Fargo fined $3.7 billion over customer abuses.
In December 2022, Wells Fargo was finally punished for their decades-long abuse of customers. The Consumer Financial Protection Bureau (CFPB) settled on the amount of $3.7 billion in compensation for unfair overdraft fees, wrongfully charged interest, and other shady business practices that resulted in customers losing cars, homes, and billions in charges. With scandal after scandal piling up on the bank’s history, many customers find themselves asking how they can receive what’s owed to them.
Frequently Asked Questions
What does the CFPB settlement mean for me?
If you are a current Wells Fargo customer with a positive account balance who has been charged overdraft fees unfairly, you may be entitled to receive compensation from Wells Fargo.
Is Wells Fargo going out of business?
There is no indication to date that Wells Fargo will close its doors. Current customers can still use their accounts. As a multi-billion-dollar international company, Wells Fargo’s estimated losses due to this settlement are still only a fraction of its projected revenue for the year.
How can I get my money back from unfair overdraft fees?
If you were charged overdraft fees unfairly by Wells Fargo, you likely signed an arbitration agreement which forbids customers from bringing public class action lawsuits against Wells Fargo over grievances. However, you are always able to bring an arbitration alongside legal representation to reclaim your wrongfully charged fees.
What is arbitration?
Arbitration is a type of private resolution in which the opposing parties and their legal counsel bring their arguments before an arbitrator who acts as a judge. Arbitrations are similar to public lawsuits, but are intentionally held in private, often to protect the reputation of the defendant.
Can I still join an arbitration?
Yes! MLG is continuing to file arbitration on behalf of wronged Wells Fargo customers who were unfairly charged overdraft fees. If you are a current Wells Fargo customer with a positive balance on your account, complete the form above to begin the process of arbitration.
How You can Join Our Arbitration:
The Financial Services attorneys at McCune Law Group are pursuing arbitrations on behalf of customers who have been charged unfair overdraft fees. If you have been charged an unfair overdraft fee recently, here is how you can join our arbitration:
- Fill out our form with your information
- Set up your free consultation
- Meet with our Financial Services team
- Discuss your potential case
- Discuss your next steps
For decades, greedy bank CEOs have looked for ways to steal their customers’ hard-earned cash. They thought they had the perfect system with overdraft fees, betting their reputations that customers wouldn’t fight back. MLG is proud to help lead the charge against shady business practices and get your money back.Richard McCune, Founder of MLG
Hold banking giants accountable for shady practices that prey on their customers.
Don’t let big bank CEOs get away with exploiting their customers as they get richer!
You work hard for every cent you have. It’s time to fight overdraft fees by holding big bank CEOs accountable.Join the Fight Against Overdraft Fees
How do I know I can get my money back?
Overdraft fees are usually anywhere between $25.00 to $35.00 charged when you overdraw your account. Often, big banks use shady methods to increase the number of fees they charge their customers. If you have been charged an overdraft fee on a one-time (not a recurring payment) purchase with your debit card or an ATM transaction, you could be eligible to fight your overdraft fees!Join the lawsuit
McCune Law Group, McCune Wright Arevalo Vercoski Kusel Weck Brandt APC, is responsible for this solicitation. The information provided on this website is for general information purposes only. The information you obtain is not, nor is it intended to be, legal advice. Use of this website or submission of the online form does not create an attorney-client relationship.
Counsel Richard McCune is licensed to practice only in the state of California. The law firm of McCune Law Group, has attorneys licensed to practice law in AZ, CA, IL, MO, NJ, NY and PA. This information section is not intended to be a solicitation for services in states where it is forbidden for non-barred attorneys from advertising for services, and McCune Law Group, does not have attorneys barred in that state. McCune Law Group, is a national firm that brings lawsuits in a majority of the states. In states where one of its attorneys are not barred, it does so by filing the complaint along with local counsel barred in that state.
The results discussed do not guarantee, warrant, or predict the results in future cases.