Overdraft Fee Litigations
Class Actions Related to Overdraft Charges
Cambridge Finance Partners is involved in a number of overdraft fee litigations. These data-intensive cases require significant technical expertise as well as knowledge of bank data processing methods. We have the ability to manage vast amounts of customer transaction data, to re-post daily transactions for bank customers, and to estimate the impact of posting order on fees. We have developed the storage and computing capability to apply analytical tools for banks with millions of customers, years of data, and billions of transactions, and without the limitations of sampling. Our work in these matters is ongoing.