Earlier this week, U.S. District Court Judge James Lawrence King has granted final approval to a $410 million settlement in the multi-district litigation against Bank of America for collecting excessive overdraft fees. The complaint charged that Bank of America processed debit card transactions in order of highest to lowest dollar amount to maximize the number of overdraft fees assessed to its customers. [Read more…]
Lieff Cabraser attorneys Stephen Cassidy and Sarah London have been elected to the Board of Governors for 2012 of the Consumer Attorneys of California’s At Large Board of Governors. The CAOC seeks justice for all by preserving and protecting the constitutional right to trial by jury for all consumers, promoting changes to California law, promoting the civil justice system, and upholding the integrity and excellence in the legal profession.
The Columbia Law School magazine profiled class of 1961 alumni Robert Lieff, reviewing both his life’s work and his extensive philanthropy. “Lieff has shown an uncanny capacity to spur impact on a game-changing level.” [Read more…]