Fifth Third Bank
Allegations: Failing to disclose the number to out-of-network fees charged and misrepresenting how international transactional fees are applied
Fifth Third Bank
October 2013: A Consolidated Class Action Amended Complaint bringing similar allegations was filed.
June 2013: This lawsuit was transferred from a court in Tennessee to one in Ohio. (Case No. 13-cv-497, S. D. OH.)
May 2013: A class-action lawsuit was filed against Fifth Third Bank alleging that the bank’s advertised APR rate for its Early Access Program is false and misleading. Specifically, the lawsuit alleges that the bank discloses a 120% Annual percentage rate; the amount of interest charged to a credit card, loan or mortgage account balances annually. to its checking-account customers who want to open an account with a line of credit to obtain short-term advances based on their regular direct deposits, but the rate actually tends to be much higher. (Harrison, et al. v. Fifth Third Bank, Case No. 13-cv-0046, M.D. Tenn.)
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