McCuneWright files national class action against TD Bank for illegal overdraft fees and practices
On January 9, 2015 McCuneWright, LLP, filed a national class action complaint against TD Bank, N.A., the nation’s 10th largest bank, with asset holdings of over $224 billion. Filed in the United States District Court, District of New Jersey, the action alleges illegal overdrafts are being charged when TD Bank customers have a positive balance. This filing is the latest by McCuneWright against a banking institution for illegal overdraft practices. McCuneWright has previously filed and been involved with a number of overdraft class action lawsuits against Wells Fargo Bank, Union Bank, U.S. Bank, Citibank and a number of other financial institutions. The results of those cases include a $203 million verdict against Wells Fargo, and well over $100 million in settlements against other financial institutions.