December 6, 2021
Before a financial institution can charge customers overdraft fees on one-time debit card and ATM transactions, it must fulfill the requirements of Regulation E. The complaint for this class action alleges that JPMorgan Chase Bank, NA and JPMorgan Chase & Co. do not fulfill these requirements because their disclosures do not make clear which account balance they use to determine overdrafts.
Case Event File: JPMorgan Chase Balance Used to Determine Overdrafts Reg E ComplaintRelated to: JPMorgan Chase Balance Used to Determine Overdrafts Reg E Class Action