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Settlement information last updated on November 29, 2012:

  Distribution of awards via an account credit or award check is now complete.  Award checks were mailed between the dates of November 12, 2012 and November 26, 2012 in the form of a postcard check.  Those checks mailed toward the end of November may not be delivered until early December. Calculations were done for each individual Settlement Class Member using that class member’s own Account and Overdraft Fee history and applying the formula set forth in the Court-approved Settlement Agreement. A copy of the Settlement Agreement can be obtained under the Court Documents tab of this Settlement Website.  If you have questions regarding your payment, please visit the Frequently Asked Questions page on this site or contact the Settlement Administrator by writing to Checking Account Overdraft Litigation, P.O. Box 2505, Faribault, MN 55021-9505.  You may also call the automated voice response system that contains additional details regarding the distribution by calling 1-800-372-2390. ________________________________________________________________________________________________

Settlement information last updated on November 9, 2012:

  On November 7, 2011, the Court granted final approval to the Settlement with Bank of America, approved service awards to the Plaintiffs, and awarded attorneys’ fees to Class Counsel.   On November 22, 2011, the Court entered a corresponding order and judgment that formalized the Court’s final Settlement approval, as well as the service awards and the fee award.  Several appeals of the Judgment were timely filed, which had the effect of postponing the Effective Date of the Settlement and delaying distribution of the Settlement Fund. All appeals from the Judgment have now been finally resolved.  Consequently, implementation of the Settlement is again moving forward.  Account credits were issued on November 2, 2012 to those Settlement Class Members who, under the terms of the Settlement, are receiving their settlement distribution by account credit, and checks will be mailed between November 16 and 30, 2012, to those Settlement Class Members who, under the terms of the Settlement, are receiving their settlement distribution by check. ________________________________________________________________________________________________

Información del acuerdo actualizada por última vez el 29 de noviembre de 2012:

   La distribución de las indemnizaciones a través de un crédito de cuenta o un cheque de indemnización está ahora completada. Los cheques de indemnización se enviaron por correo entre el 12 de noviembre de 2012 y el 26 de noviembre de 2012 en forma de cheque postal. Esos cheques enviados hacia fines de noviembre pueden no enviarse hasta principios de diciembre. Los cálculos se realizaron para cada Miembro del grupo del Acuerdo individual utilizando el historial de honorarios en descubierto y la propia cuenta del miembro del grupo, y aplicando la fórmula establecida en el Acuerdo de conciliación aprobado por el Tribunal. Puede obtener una copia del Acuerdo de conciliación en la pestaña Documentos del Tribunal de este sitio web del Acuerdo. Si tiene preguntas con respecto a su pago, visite la página de Preguntas frecuentes en este sitio o comuníquese con el Administrador del Acuerdo escribiendo a Checking Account Overdraft Litigation, P.O. Box 2505, Faribault, MN 55021-9505. También puede comunicarse con el sistema de respuesta de voz automática que contiene detalles adicionales sobre la distribución llamando al 1-800-372-2390. 

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Información del acuerdo actualizada por última vez el 12 de noviembre de 2012:

  El 7 de noviembre de 2011, el Tribunal otorgó la aprobación definitiva del Acuerdo con Bank of America, aprobó los laudos de servicio a los Demandantes y adjudicó honorarios de abogados al Abogado del Grupo. El 22 de noviembre de 2011, el Tribunal dictó una sentencia correspondiente que formalizó la aprobación definitiva del Acuerdo por parte del Tribunal, así como los laudos de servicio y la adjudicación de honorarios. Se presentaron oportunamente varias apelaciones de la sentencia, que tuvieron el efecto de posponer la fecha de entrada en vigencia del Acuerdo y retrasar la distribución del Fondo del acuerdo.
 
 Todas las apelaciones de la Sentencia se resolvieron finalmente. En consecuencia, la implementación de la Sentencia sigue nuevamente adelante. Se emitieron los créditos en las cuentas el 2 de noviembre de 2012 para aquellos Miembros del Grupo del Acuerdo que, conforme a los términos del Acuerdo, reciben sus distribuciones del acuerdo por medio de créditos en sus cuentas, y se enviarán cheques por correo entre el 16 y el 30 de noviembre de 2012 a aquellos Miembros del Grupo del Acuerdo que, conforme a los términos del Acuerdo, reciben sus distribuciones de la sentencia por medio de cheque.
  

Welcome to the website for the Settlement with Bank of America, N.A. in the litigation named In Re: Checking Account Overdraft Litigation, U.S. District Court for the Southern District of Florida, No. 1:09-MD-02036-JLK. This website provides information regarding a Settlement which has been reached in class action lawsuits about the order in which Bank of America, N.A. posted debit card transactions to customer accounts, and the effect the posting order had on the number of overdraft fees the bank charged its account holders. Current and former holders of Bank of America consumer checking and/or savings accounts may be eligible for a payment or account credit from the Settlement Fund. You are a member of the Settlement Class if you:

  • Had a Bank of America consumer checking and/or savings account that you could access with a Bank of America debit card, anytime between January 1, 2001 and May 24, 2011, and
  • Were charged one or more overdraft fees as a result of Bank of America’s practice of posting debit card transactions from highest to lowest dollar amount.

 If you are included in the Settlement Class and entitled to receive a cash benefit, you do not need to do anything to get a payment or account credit. If the Court approves the Settlement and it becomes final and effective, you will automatically receive a payment or account credit.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT
GET A PAYMENT OR ACCOUNT CREDIT:

You do not have to do anything to get a payment or account credit from the Settlement. If the Court approves the Settlement and it becomes final and effective, all identifiable Settlement Class Members who are entitled to receive a cash benefit and who remain in the Settlement Class will automatically get a payment or account credit and will give up their legal rights against Bank of America about the claims in this litigation.
EXCLUDE YOURSELF FROM THE SETTLEMENT:

Get no benefit from the Settlement. This is the only option that allows you to retain your right to bring any other lawsuit against Bank of America about the claims in this litigation.
OBJECT:

Write to the Court if you don’t like the Settlement. For an objection to be valid, it must contain the information specified in paragraph 62 of the Settlement Agreement.
GO TO A HEARING:

Ask to speak in Court about the fairness of the Settlement.
DO NOTHING:

You will still receive any payment or account credit to which you are entitled, and will give up your legal rights.

 

These rights and options – and the deadlines to exercise them – are explained in the Notice.  The information on this page is only a short summary of your rights and options.  For more detailed information about your rights and options, please review the Notice.  You may also review the Settlement Agreement, which provides comprehensive information about Settlement Class Members' rights and options.

Disclaimer

Please do not contact either Bank of America, N.A or the Court with questions about this Settlement. Any and all callers will be directed to this website. If you have questions, please refer to the FAQs and the other information posted here or contact the Settlement Administrator by calling 1-800-372-2390 or writing to Checking Account Overdraft Litigation, c/o Rust Consulting, Inc., P.O. Box 2505, Faribault, MN 55021-9505.

This site is not operated by Bank of America, N.A. This class action Settlement is supervised by the Court and is administered by an administration firm that handles all aspects of claims processing. Bank of America, N.A is not authorized to respond to questions from members of the Settlement Class regarding the Settlement.

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