News & Analysis as of

Fidelity Bank Class Action

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Fidelity sued again over their 401(k) plan

I have always been concerned about the use of proprietary funds, especially belong to mutual fund companies and their use in their own 401(k) plans because they’re ripe to be a target for a class action lawsuit. Fidelity...more

BakerHostetler

Class Action Claim for Excessive Fees is Not Covered by Bank’s Liability Policy

BakerHostetler on

A Georgia federal district court ruled on August 7th that a bank was not entitled to insurance coverage for class action claims based on its allegedly excessive overdraft fees....more

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