A California resident who says he was improperly charged hundreds of dollars in overdraft fees by Umpqua Bank has filed a class action lawsuit against the bank, making Umpqua the latest in a long list of banks being sued for illegal overdraft fee policies.

Plaintiff Amber Hawthorne alleges in the Umpqua Bank class action lawsuit that she and other Umpqua customers in Oregon, California, Washington and Nevada were charged illegal overdraft fees because of Umpqua’s unfair and deceptive overdraft fee practices.

These alleged practices include, among other things, re-ordering debit card transactions from highest dollar amount to lowest dollar amount in order to deplete the customer’s available funds as quickly as possible while maximizing the number of overdraft fees, the Umpqua Bank overdraft fee class action lawsuit states.

The Umpqua Bank overdraft fee class action lawsuit also alleges that Umpqua failed to disclose or properly disclose its overdraft policies, including by providing bank statements which did not indicate the order in which transactions were actually posted to accounts.

Umpqua Bank joins a growing list of U.S. banks being sued for illegal overdraft fee policies. In August 2010, a judge awarded California Wells Fargo customers $203 million in damages related to their overdraft fee practices. Bank of America reached a similar class action lawsuit settlement in November 2011, agreeing to pay its customers $410 million for charging improper overdraft fees.

Similar overdraft fee class action lawsuits have been filed against more than 30 other banks, including JPMorgan Chase, Citigroup, and Union Bank, which recently agreed to a $35 million class action settlement.

“Banks should not be allowed to gouge customers by unfairly manipulating the manner in which transactions are posted and overdraft fees are charged. It’s hard enough for families to make ends meet. It is shocking that a bank like Umpqua, which claims to be community-focused, would engage in these abusive practices,” said an attorney representing Hawthorne in the Umpqua Bank overdraft fee class action lawsuit.

UPDATE: Instructions on how to file a claim for the Umpqua Bank overdraft fee class action settlement are now available! Click here or visit www.UmpquaBankOverdraftSettlement.com for details.

We tell you about cash you can claim EVERY WEEK! Sign up for our free newsletter. Email *

Country * United States Canada United Kingdom Other

Comments This field is for validation purposes and should be left unchanged.

ATTORNEY ADVERTISING Top Class Actions is a Proud Member of the American Bar Association LEGAL INFORMATION IS NOT LEGAL ADVICE Top Class Actions Legal Statement ©2008 – 2020 Top Class Actions® LLC Various Trademarks held by their respective owners This website is not intended for viewing or usage by European Union citizens.

Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.

Related Posts