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This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Consumers nationwide who had or have a checking account with American Airlines Federal Credit Union and were charged certain fees may be eligible for compensation in the form of a payment thanks to a recent $1.59 million class action settlement.
Settlement Class Members include current or former consumers who owned a checking account through American Airlines Federal Credit Union. These Class Members were charged overdraft fees between May 14, 2016, and Oct. 8, 2020, or nonsufficient funds (NSF) fees between May 14, 2016, and Feb. 29, 2020.
The plaintiffs in a class action lawsuit allege American Airlines Federal Credit Union charged improper APPSN fees, retry NSF fees, and overdraft fees between May 14, 2016, and Oct. 8, 2020. The company’s actions, according to the plaintiffs, resulted in a breach of contract and a breach of the good faith dealing between it and the plaintiffs.
American Airlines Federal Credit Union denies any wrongdoing or legal liability. It confirms it charged the fees alleged by the plaintiffs, but asserts all fees charged were done so in accordance with the terms of its agreements and the law.Â
The Court has not made a judgment in this case, so there hasn’t been a determination of guilt. Both the plaintiffs and the defendants have determined the proposed settlement agreement is in their best interests.
As of September 2015, American Airlines Federal Credit Union had more than 296,000 members and 47 branches throughout the United States, according to its LinkedIn page.
Eligible Class Members will receive a share of the $1.59 million settlement fund.Â
First, service awards, attorneys’ fees, and other expenses will be taken care of. The remainder will be distributed to Class Members.Â
American Airlines Federal Credit Union has also agreed to forgive more than $175,807 in uncollected overdraft fees without further action from the Class Member.
The deadline for Class Members to opt out of the settlement has passed.
Class Members have the right to object to the proposed settlement agreement by Nov. 16, 2021.
A final fairness hearing in the American Airlines Federal Credit Union class action lawsuit is scheduled to take place on Dec. 13, 2021.
Class Members do not need to file a claim form in order to participate in this settlement.
Who’s Eligible
Class Members include current or former consumers who owned a checking account through American Airlines Federal Credit Union. These Class Members were charged overdraft fees between May 14, 2016, and Oct. 8, 2020, or nonsufficient funds (NSF) fees between May 14, 2016, and Feb. 29, 2020.
Potential Award
Varies
Proof of Purchase
No proof of purchase necessary
Claim Form
No claim form required
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.
Objection Deadline
11/16/2021
Case Name
Sylvia Varga v. American Airlines Federal Credit Union, Case No. 2:20-cv-04380-DSF-KS, in the U.S. District Court for the Central District of California
Final Hearing
12/13/2021
Settlement Website
Claims Administrator
Sylvia Varga v. American Airlines Federal Credit Union
Claims Administrator
P.O. Box 43501
Providence, RI 02940-3501
866-223-6052
Class Counsel
Jeffrey Kaliel
Sophia Gold
KALIEL PLLC
Tara Kick
Jeffrey Bils
THE KICK LAW FIRM APC
Kevin Roddy
WILENTZ GOLDMAN & SPITZER PA
Defense Counsel
Stuart M. Richter
Andrew J. Demko
Camille A. Brooks
KATTEN MUCHIN ROSENMAN LLP
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20 thoughts onAmerican Airlines Federal Credit Union $1.5M Class Action Settlement
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Myname my name is Eric farman and I want to be added to the list because Bank of America froze my account and I still have money owed to me and I’ve got nowhere
Add me