Mealey's Banking & Finance - Judge Dismisses State Law Claims From HSBC Overdraft Action

CENTRAL ISLIP, N.Y. - A federal judge in New York on March 5 dismissed certain state law claims from a multidistrict litigation alleging that HSBC Bank USA NA improperly charged overdraft fees to debit card customers, holding that cardholders cannot bring claims in states where they have no connection (In Re: HSBC Bank USA N.A. Debit Card Overdraft Fee Litigation, No. 13-2451, E.D. N.Y.).

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