Overdraft Opt-In Practices Hold Risks for Banks

In this article for Law360, Kristen Larson of our Consumer Financial Services Group examines a bank’s recent consent order with the CFPB over the bank’s in-person and telephone overdraft opt-in sales processes, as well as the bank’s settlement of a class action lawsuit alleging misleading and deceptive practices related to its overdraft and nonsufficient fund fees.

Read the full article here.