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Award (how much your claim may be worth): Up to three times the amount of illegal overdraft fees you were charged!
Class Action Lawsuit Settlement Case(s): Schulte, et al. v. Fifth Third Bank, Case No. 1:09-CV-06655, United States District Court for the Northern District of Illinois
Company(ies): FIFTH THIRD BANK
Website of the Class Action Lawsuit Settlement Administrator (UPDATE YOUR INFORMATION HERE): https://www.overdraftsettlement.com
Address to submit a claim form (REQUIRED):
Claim forms can be submitted online at https://www.overdraftsettlement.com or mailed to the following address:
Phone Number to call for assistance: (888) 235-7491
Details: Fifth Third Bank has agreed to a $9.5 million settlement of a class action lawsuit concerning the way it issued overdraft fees. If you paid overdraft fees related to a Fifth Third debit card, check card and/or bank card, you could receive up to three times the amount you were charged from the class action settlement.
According to the Fifth Third class action lawsuit, Fifth Third Bank posted debit card transactions and/or ATM withdrawals in non-chronological order so that the bank could maximize the number of overdraft fees it charged to customers who had insufficient funds. Fifth Third Bank denies any wrongdoing, but has agreed to establish a $9.5 million settlement fund to settle the case, entitled Schulte v. Fifth Third Bank.
If you had a Fifth Third bank account at any time between October 21, 2004 and July 1, 2010, and incurred at least one overdraft fee as a result of the “re-sequencing” of at least one Fifth Third debit card transaction in non-chronological order, you’re considered a member of the settlement class and eligible to receive a cash payment from the Fifth Third overdraft fee settlement.
As part of the Fifth Third overdraft class action settlement, class members who submit valid claim forms by the deadline of May 2, 2011 will be eligible to receive up to three times the amount of overdraft fees they claim they were charged, depending on the total amount of valid claims submitted. If you do not have all of your bank records to support your claim, and your claim is based only on your best knowledge and belief, Fifth Third has the right to contest your claim.
Claim forms can be downloaded or submitted online at the Fifth Third Overdraft Settlement Administrator website: http://www.overdraftsettlement.com/.
Purchased From: October 21, 2004 to July 1, 2010
Claims must be postmarked by: 5/2/11
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Settlement Administrator(s): Epiq Systems, Inc.
Class Counsel:
Defense Counsel:
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34 thoughts onFifth Third Bank Overdraft Fee Class Action Lawsuit Settlement
Does anyone know who I can get a hold of, to let them know I have moved. I would like to make sure they have my correct address since I have moved twice since this all started.
just found out that they got have every one paid by January 26 2012 so look for it any time i guess!
I have not herd any thing on the Fifththird Bank Settlement yet what is going on ? I want my money i need to find out the court that this settlement was in and see why it is taking them to long to give us our money cause i know they won i saw where it is posted but what is the hold up!
I’ve been searching and searching online for any info about payments and still nothing. If it was settled back in the summer, it makes me wonder if they are just denying a bunch of claims with loopholes and such? I haven’t heard either way about mine but I know all my information was valid and accounted for. I agree about the holidays! Could use the money for Christmas presents. Or my bills. So no one has gotten a payment or heard of anyone getting one?
Has anyone received payment ?? Anyone know who to contact regarding payment ?? THANKS
Hello! every one, I’m back haven’t had the time trying to find a job, take care of mortgages and what not. well in the mean time thinking about how we can get our money. come up with a simple solution all these cash now for your settlement programs why don’t we go for it . at least we’ll get something they should be able to find out what the hell is going on (especially) wjth the holidays approaching . just a thought shouldn’t we be getting some sort of interest off this time consuming thing, Oh I forgot! IT”S MY MONEYYYYYYYYYY! and I want it now.
still have not heard a word about settlement or when checks will be received!!
Well people they did state that after the FINAL decision was made that then after ninety days and final review of claims that checks would then be mailed out and they also stated that reviewing everyones statements would be a timely process.
i too have had some of the same problems. i was also contacted about my overdraft after i filed a claim looking for repayment. when will we get our money
Im wondering if any of you have received any funds from the settlement yet?