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Federal Judge Approves TD Bank's $62M Settlement In Overdraft Litigation

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MIAMI - A federal judge in Florida on March 18 approved TD Bank NA's $62 million settlement that will allow the bank to exit a multidistrict litigation in which class members allege that several banks manipulated the order of debit card transactions to maximize checking account overdraft fees (In Re: Checking Account Overdraft Litigation, No. 09-md-02036, S.D. Fla.; See January 2013, Page 16)....(read more)

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