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UPDATE: The BancorpSouth Overdraft Class Action Settlement has been terminated and the lawsuit dismissed.

 

 

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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

 

Company(ies): BANCORPSOUTH, INC. and BANCORPSOUTH BANK

BancorpSouth Bank

 

 

 

 

 

 

 

 

Website of the Class Action Lawsuit Settlement Administrator (FILE YOUR CLAIM HERE): www.BancorpOverdraftSettlement.com

 

Address to submit a claim form (REQUIRED):

 

To receive a refund from the BancorpSouth overdraft class action lawsuit settlement, you must submit a claim form either online at www.BancorpOverdraftSettlement.com or to the following address no later than September 13, 2012:
 
BancorpSouth Overdraft Settlement
P.O. Box 3207
Portland, OR 97208-3207

 

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

 

MORE DETAILS BELOW!

 

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Settlement Administrator(s): Epiq Systems, Inc.

 

Class Counsel:

 

Scott E. Poynter
John G. Emerson
Corey D. McGaha
Christopher D. Jennings
William T. Crowder
Emerson Poynter, LLP
 

Defense Counsel:

 

Eric Jon Taylor
Parker, Hudson, Rainer & Dobbs, LLP

  

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6 Comments

  • Anonymous September 18, 2012

    I would like to know when do we get our settlement check

  • Anonymous October 12, 2012

    Claim Form Page Doesnt Work?

  • Anonymous October 12, 2012

    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!

  • Anonymous October 24, 2012

    i have not receive anything yet i’m talking bout money

  • Anonymous November 9, 2012

    They need to let us know tabout he status of our claims!!!

  • sara June 1, 2013

    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

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