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Bank of America Overdraft Fees for Uber Rides Settlement

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Settlement Structure: 
Case Summary: 

Bank of America is settling a class action alleging that it falsely classified debit charges for Uber rides as recurring transactions, paid them, then charged the customers overdraft fees. The complaint claimed that, under the terms of its account agreements, the bank should have refused the charges, as they were not truly recurring transactions, and thus spared the customers account overdrafts and associated fees.

Docket Number: 
1:16-cv-08964-AJN
Company: 
Bank of America
Class Period: 
Sunday, January 1, 2012 to Saturday, December 31, 2016
Objection Deadline: 
Friday, June 22, 2018
Exclusion Deadline: 
Friday, June 22, 2018
Final Approval Hearing: 
Wednesday, August 8, 2018
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