November 22, 2017 / 1:06 AM / a month ago

10th Circuit rejects fraud claims over Arvest overdraft charges

A federal appeals court has declined to revive a large part of a proposed class action accusing Arkansas-based Arvest Bank of charging improper overdraft fees, but will allow customers’ breach of contract claims to proceed.

In a decision on Monday, a unanimous three-judge panel for the 10th U.S. Circuit Court of Appeals said a lower court in Oklahoma City was correct in dismissing the bank customers’ claims for fraud, unjust enrichment, and breach of a fiduciary duty.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2zqR7Kx

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