Litigation

Recent Posts

Duane Morris Alerts: Electronic Funds Transfer Act: Class Action Surge Highlighted By Recent Cases
Posted on 15 Nov 2011 by Duane Morris LLP

The Electronic Funds Transfer Act, 15 U.S.C. § 1693 et seq. (EFTA), and its regulations promulgated by the Federal Deposit Insurance Corporation (FDIC), Reg E, 12 C.F.R. sect; 205.16, require, in relevant part, that banks charging a fee to non-bank... Read More

Ballard Spahr LLP: The Next EFTA Class Action Wave Has Started
Posted on 2 Sep 2015 by Ballard Spahr LLP

A new type of Electronic Funds Transfer Act (EFTA) class action is now being filed in volume. This trend is highly likely to continue, as the cases are being filed by a consumer class action firm that has filed hundreds of class actions under the Telephone... Read More