Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.
This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Follow us on Twitter and Facebook for the latest Class Action Settlement News!
This settlement is CLOSED!
Please join the Top Class Actions Newsletter list so you don’t miss out next time and head over to the OPEN LAWSUIT SETTLEMENTS section to see what’s available or the ACTIVE INVESTIGATIONS section to see what compensation you may be due!
UPDATE: The BancorpSouth Overdraft Class Action Settlement has been terminated and the lawsuit dismissed.
Click here to skip the legal notice and go straight to the Top Class Actions article on this class action lawsuit settlement.
No Legal Notice
Award (how much your claim may be worth): You can receive a refund of the improper overdraft fees or non-sufficient funds fees you paid to BancorpSouth between 2004 and 2011.
Class Action Lawsuit Settlement Case(s): Melvin L. Thomas III and Billy D. Lawson, Jr., et al. v. BancorpSouth, Inc., Case No. 12-cv-1016, U.S. District Court, Western District of Arkansas
Website of the Class Action Lawsuit Settlement Administrator (FILE YOUR CLAIM HERE): www.BancorpOverdraftSettlement.com
Address to submit a claim form (REQUIRED):
Phone Number to call for assistance: (877) 841-8162
Details: The BancorpSouth overdraft fee settlement will resolve a class action lawsuit accusing the Mississippi-based bank of assessing non-sufficient funds fees and overdraft fees on debit card and check purchases and ATM withdrawals in a number of ways that were illegal.
According to the BancorpSouth overdraft fee class action lawsuit, the bank resequenced transactions to maximize the number of non-sufficient funds fees and overdraft fees it charged to customers. This was allegedly accomplished by processing the largest transaction first instead of processing the transactions as they were received.
BancorpSouth denies the allegations, but has agreed to a class action lawsuit settlement to resolve the litigation.
A federal court preliminarily approved the BancorpSouth settlement and has set a Final Approval Hearing for July 30, 2012.
More than 350,000 current and former customers are covered under the BancorpSouth class action settlement, which includes all persons in the United States who currently or in the past had a BancorpSouth account in which at least one non-sufficient funds fee or overdraft fee was charged or collected between May 1, 2004 through and including December 31, 2011.
In order to receive a refund from the BancorpSouth overdraft fee settlement, you must be meet the following additional qualifications: (1) you incurred two or more overdraft fees during one banking day as a result of a BancorpSouth debit card transaction during the period listed above, and (2) the overdraft fee was not reversed, refunded, or returned by the bank.
To receive a payment from the BancorpSouth class action lawsuit settlement, you must submit an electronic claim online at www.BancorpOverdraftSettlement.com or a paper claim to the Settlement Administrator no later than September 13, 2012.
Claim forms and more information on your rights in the BancorpSouth Overdraft Fee Class Action Lawsuit Settlement can be found at www.BancorpOverdraftSettlement.com.
Improperly Charged From: May 1, 2004 to December 31, 2011
Claims must be postmarked by: 9/13/12
{loadposition content_inline}
Settlement Administrator(s): Epiq Systems, Inc.
Class Counsel:
Defense Counsel:
{loadposition content_postads}
LEGAL INFORMATION IS NOT LEGAL ADVICE
This site provides information about the law and class action lawsuit settlements designed to help users safely cope with their own legal needs. Legal information is NOT the same as legal advice – the application of law to an individual’s specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You should consider all postings or writings at TopClassActions.com by staff or others as personal opinion only and NOT the advice of a lawyer. Top Class Actions Legal Statement
©2008 – 2012 Top Class Actions® LLC
Various Trademarks held by their respective owners.
6 thoughts onBancorpSouth Overdraft Fee Class Action Lawsuit Settlement
I have the same problem as dave. I need help getting the form some how and can someone tell me what is going on if theres still a lawsuit or not? thank you
They need to let us know tabout he status of our claims!!!
i have not receive anything yet i’m talking bout money
I have tried to access a claim form since july 2012, if you click on claim form, it just reloads the page without a claim form? Also They say Dates have been Extended, if so til when? Someone Help Me! Thank You!
Claim Form Page Doesnt Work?
I would like to know when do we get our settlement check