Pro Bono News

Volunteer Legal Services Hawaii receives surplus funds from $2M American Savings Bank settlement

Tuesday, June 14, 2016

"Volunteer Legal Services Hawaii received $107,000 in residual funds after the settlement of a $2 million class action against American Savings Bank over the bank's overdraft fees, Perkin & Faria partner Brandee Faria told Pacific Business News on Tuesday.

The lawsuit was among a group of cases filed by Perkin & Faria in 2011 against American Savings Bank, Central Pacific Bank and Bank of Hawaii. The suits alleged that the banks used improper methods of calculating overdraft fees on debit card and ATM transactions..."

 

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