Client Arbitrations Against Truist Bank for Unfair Overdraft Fees
Clients could reclaim their fees (and more) through arbitration
Client Arbitrations Against Truist Bank for Unfair Overdraft Fees
Shamis & Gentile, P.A. is accepting qualified clients to bring claims against Truist Bank for their allegedly unfair overdraft and NSF (Non-Sufficient Fund) practices which have cost customers millions of dollars. We are pleased to offer qualified clients the opportunity to bring claims against Truist Bank for their immoral and sometimes illegal practices.
Shamis & Gentile, P.A., are committed to helping individuals who have been harmed by the deceptive and unfair practices of financial institutions like Truist. We would like to hear from you if you believe you have been charged unfair overdraft fees.
This is because you might be eligible to join a class action lawsuit seeking compensation, if you have been charged excessive or unfair overdraft fees by Truist. Our professional team will help you determine whether or not the fees could be deemed unfair, and guide you through the process in general.
Our experienced attorneys are here to guide you through the legal process and fight for your rights. Learn more about Truist’s overdraft fee practices and your legal options by exploring the resources on this page or contacting us for a free consultation.
About mass arbitration lawsuits in relation to unfair overdraft fees
A mass arbitration lawsuit is a legal action in which a group of people collectively bring a claim against a defendant, typically a company or organization.
This can be a more efficient and cost-effective way to seek compensation for the harm caused by Truist’s practices. If you have been charged excessive overdraft fees by Truist, joining a class action lawsuit may be an option for you to recover the damages you’ve suffered.
Contact an experienced attorney to discuss your legal options and find out if you are eligible to join a mass arbitration lawsuit against Truist.
Investigations into Truist and unfair overdraft fees
Truist has launched a new program in 2022, offering overdraft fee-free checking accounts for their customers. This is a generally positive outcome for consumers all over, as the increased pressure put on banks on eliminating the lucrative but ethically wrong practice of overdraft fees might be coming to an end.
That does not mean the company is without previous history in the field. Over the years there have been several allegations against the company and their practices. Before the two companies SunTrust and BB&T merged, both of these banks were involved in several lawsuits.
One such example is Bickerstaff v. Suntrust Bank. The case has been ongoing for a number of years now, and Mr. Bickerstaff himself has even passed away. Yet the case is moving forward despite the efforts of Truist.
How the case eventually will end is anybody’s guess, but given the length of the case, and the fact it has not yet been dismissed, there is still a good chance that consumers will see justice by the end.
If you believe you have been a victim of an unfair overdraft fee, then we would love to hear from you. We believe it is important to fight back in these cases, establishing a precedent that individual consumers will not stand idly by, while banks increase their profits through morally gray practices at best.
Submit Arbitration Claim with Shamis & Gentile, P.A.
Shamis & Gentile, P.A. is accepting qualified clients to bring claims against Truist Bank for their allegedly unfair overdraft and NSF (Non-Sufficient Fund) practices which have cost customers millions of dollars. We are pleased to offer qualified clients the opportunity to bring claims against Truist Bank for their immoral and sometimes illegal practices.
FAQS
What is the process for joining a mass arbitration lawsuit against Truist for its unfair overdraft fee practices?
To join a mass arbitration lawsuit against Truist, you will need to contact an experienced attorney who is handling the case. The attorney will be able to advise you on your legal options and guide you through the process of joining the lawsuit.
Is mass arbitration the same as class action ?
No. Mass arbitration and class action are similar in that they both involve a group of individuals pursuing a legal claim against a company.
A class action lawsuit is a single lawsuit that is filed on behalf of many individual members. All of whom have been affected by the actions of the company in question. Whatever the conclusion of the case might be, this result will then apply to all members of the class action, and any potential compensation will be distributed among the members as well.
In the case of mass arbitration, each individual member of the group pursues their own arbitration claim against the company. The arbitration process is similar to a trial (as mentioned above), but it takes place outside of the traditional court system and is generally faster and less expensive than a court trial.
As opposed to a class action lawsuit, the results of each individual arbitration claim are separate, and can therefore vary depending on the specifics of each case.
How much does it cost to hire an attorney for a mass arbitration lawsuit against Truist?
In a class action lawsuit, attorneys typically work on a contingency fee basis, meaning that they only get paid if you win the case. This means that you may be able to hire an attorney to handle your case without paying any upfront fees or costs. However, it’s important to discuss fee arrangements with your attorney before hiring them to ensure you understand how their fees will be structured.
Can I join a mass arbitration lawsuit against Truist for its unfair overdraft fee practices?
If you have been charged excessive overdraft fees by Truist, you may be eligible to join a class action lawsuit seeking compensation for these fees. Contact an experienced attorney to discuss your legal options.
What is Truist accused of in relation to its overdraft fee practices?
Truist has been accused of engaging in unfair and deceptive practices by charging excessive overdraft fees, manipulating transaction processing orders, and failing to provide customers with adequate information about these fees.
How can Shamis & Gentile, P.A. help me if I have been charged excessive overdraft fees by Truist?
We can help you understand your legal rights and options, determine whether you have a viable claim, and assist you in pursuing a class action lawsuit against Truist to seek compensation for the harm you’ve suffered.
About Shamis & Gentile
Shamis & Gentile, P.A. has and continues to provide outstanding legal services in the Florida, Georgia, Ohio, Arizona, Illinois, New York and Texas communities. Our seasoned attorneys are some of the most innovative and progressive attorneys in the profession. Shamis & Gentile, P.A. has the resources, infrastructure and staff to successfully represent large putative classes. The attorneys and staff are not simply litigators, but directors of creating successful results with the ultimate level of satisfaction by the clients.