Banking
Consumer Banking
Overdraft Fees
Susan Eaton, et al. v. Bank of Oklahoma
Published: Oct. 27, 2012 | Result Date: Mar. 16, 2012 | Filing Date: Jan. 1, 1900 |Case number: CJ-2010-5209 Settlement – $19,000,000
Facts
Susan Eaton filed a lawsuit against Bank of Oklahoma, N.A. and Bank of Oklahoma Financial Corporation, alleging that the plaintiff and other Bank of Oklahoma customers who were residents of Oklahoma were charged overdraft fees based on Bank of Oklahoma's unfair and deceptive overdraft fee practices.
The lawsuit alleged that these practices violated Oklahoma's consumer protection law and Bank of Oklahoma's contracts with its customers.
Result
The case settled for $19,000,000.
Other Information
FILING DATE: Aug. 17, 2010.
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