In December 2018, a class-action lawsuit
was filed against TD Bank for allegedly failing to disclose that it charges multiple non-sufficient funds fees on single Automated Clearing House or check transactions. According to the plaintiffs, the bank charges additional fees every time it resubmits a transaction that has been rejected for insufficient funds. (Perks et al v. TD Bank, N.A.
, Case No. 18-cv-11176, S. D. NY.)
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