16. PEACE, JUSTICE AND STRONG INSTITUTIONS

Class Counsel Wants $1.4M Of $4.25M TD Bank Deal – Law360

Written by Amanda
By Rachel Rippetoe (May 31, 2022, 4:03 PM EDT) — A consumer who won a $4.25 million class action settlement from TD Bank is asking a Florida federal court to award a third of that settlement to the attorneys on the case.

Jill Abercrombie, who represented a class of consumers suing TD Bank for allegedly charging excessive overdraft fees on its customers’ accounts, asked the federal court on Friday to grant her $1.4 million attorney fee bid and to potentially award her a $5,000 service fee for serving as lead plaintiff.

The bid, according to the motion filing, is going unopposed by TD Bank.

Abercrombie said that the settlement was an…

Source: law360.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai