Settlement Offer In ATM Fee Case Does Not Moot Class Action, Judge Rules

Settlement Offer In ATM Fee Case Does Not Moot Class Action, Judge Rules

ST. LOUIS - Dismissal of a consumer class action lawsuit alleging a violation of the Electronic Funds Transfer Act (EFTA) is not proper because a bank's offer of judgment did not extend to putative class members, a federal judge in Missouri ruled March 30 (Gary Mertz v. Lindell Bank & Trust Co., No. 10-2098, E.D. Mo.; 2012 U.S. Dist. LEXIS 44835).

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