Class Action

TD Bank’s Marketing of Zelle Money Transfers

Class Action

TD Bank’s Marketing of Zelle Money Transfers


Case Name (Date)

Gallant et al. v. TD Bank, N.A.
22-cv-21714, S.D. Fla.
(April 2022)


Product/Service

Zelle money transfers


Allegations

Misleadingly marketing Zelle as a fast and “free” way to send money and as a service that “won’t cost you any extra money for the transaction” without disclosing that, in some cases, Zelle transfers money consumers don’t have in their bank accounts resulting in the banks charging consumers overdraft fees


Status

Pending



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