TD Bank Settles Overdraft Lawsuit For $32.2 Million

Customers of TD Bank could be looking at a cash injection, after a class action was taken against the company, which is seeing it pay out millions.

According to the plaintiffs, the bank illegally charged overdraft fees to personal checking account holders, and now it’s time to payback. TD Bank denies any wrong doing, but has opened the vaults to pay out over $32 million to customers affected.

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