OAKLAND, Calif., July 5, 2017 /PRNewswire/ -- A Wells Fargo customer filed a class action lawsuit on Friday in the Northern District of California alleging that Wells Fargo's practice of charging overdraft fees on one-time debit card transactions violates its contracts with accountholders and consumer protection law.
The complaint alleges that Wells Fargo promises its customers who did not opt into the Debit Card Overdraft Service that it will not charge them overdraft fees for non-recurring, every day transactions, like transactions with Uber and Lyft. However, Wells Fargo does charge such fees on certain one-time debit card transactions like these that it knows or should know are not recurring.
Plaintiff Angelo Clamor was charged an overdraft fee on a Lyft ride sharing transaction, and seeks to represent all individuals who, like him, were charged overdraft fees on one-time debit card transactions of Lyft, Uber, or other one-time transactions.
Jefferey Kaliel, a partner with Tycko & Zavareei, commented that "the bank's contract and consumer protection law prohibited Wells Fargo from charging overdraft fees on one-time transactions like Lyft or Uber transactions, but the bank did it anyway in order to maximize its fee revenue."
Tycko & Zavareei LLP of Washington, DC and Oakland, CA are representing Clamor, and urge consumers who have been impacted by overdraft fees on one-time transactions, such as those with Lyft or Uber, to learn more about their legal rights. For additional inquiries, please contact Jeffrey Kaliel at [email protected].
About Tycko & Zavareei
Tycko & Zavareei LLP, based in Washington, D.C. with offices in Oakland, California, has a long and successful record of litigating complex cases. The firm routinely handle large and complex matters throughout the country, advocating on behalf of individuals fighting for their civil rights, consumers seeking redress for unfair business practices, whistleblowers exposing fraud and corruption, and non-profit entities and businesses facing difficult litigation.
SOURCE Tycko & Zavareei LLP