11th Circuit: Overdraft Fees Class Claims Must Be Arbitrated Individually

Mealey's (September 27, 2017, 11:27 AM EDT) -- ATLANTA — An 11th Circuit U.S. Court of Appeals panel on Sept. 26 reversed a trial court’s denial of a bank’s motion to compel individual arbitration of a customer’s class action lawsuit concerning overdraft fees, finding that the customer consented to the bank’s arbitration provision and that the provision, minus one severable clause, is enforceable under the laws of Washington and Ohio (David Johnson, et al. v. KeyBank National Association, Nos. 15-10779 and 10-12957, 11th Cir., 2017 U.S. App. LEXIS 18563)....