Overdraft Fee and NSF Class Action Litigation in Miami?
Published:
February 19, 2026
Have you been charged overdraft and NSF fees unfairly in Miami? You may be entitled to legal action and compensation!
What are NSF fees in the United States?
NSF stands for non-sufficient funds or insufficient funds. This refers to the status of a checking account that does not have enough money to cover transactions. Therefore, the transactions (or checks) may “bounce” and the bank may penalize you with overdraft charges.
Approach Shamis and Gentile P.A., a top-class action law firm in Miami for legal advice
Shamis and Gentile, P.A. in Miami will assist a plaintiff to reverse excessive overdraft fees charged by their banking institutions or credit unions.
Common questions about overdraft fee and NSF class action litigation in Miami
The Consumer Financial Protection Bureau is looking carefully at overdraft fee practices and may release new rules as there are numerous reports of banks and credit unions overcharging customers. Certain financial institutions are using deceptive practices to get the maximum overdraft fees possible from their customers. Some of them are already under investigation for deceptive overdraft practices.If you have been overcharged or wrongly charged, Shamis and Gentile, P.A. is an experienced law firm to file an NSF Fee class-action lawsuit with you as a co-plaintiff. You could be part of the move to change the system for the better.Although institutions may issue threats, you cannot go to jail for a negative bank balance, but a bounced check or transaction can damage your financial standing—and eventually your credit score.The Consumer Financial Protection Bureau can help in these cases and as recently as August 2020 they won a case against TD Bank: “The Bureau found that TD Bank’s overdraft enrollment practices violated the Electronic Fund Transfer Act (EFTA) and Regulation E by charging consumers overdraft fees for ATM and one-time debit card transactions without obtaining their affirmative consent, and that TD Bank engaged in deceptive and abusive acts or practices in violation of the Consumer Financial Protection Act of 2010 (CFPA). The Bureau also found that TD Bank engaged in practices prohibited by the Fair Credit Reporting Act (FCRA) and its implementing Regulation V. Today’s consent order requires TD Bank to provide an estimated $97 million in restitution to about 1.42 million consumers and to pay a civil money penalty of $25 million.”If you have been charged excessive NSF fees by Wells Fargo, Bank of America, or another banking or credit institution, you may be entitled to join a class-action lawsuit against one of these financial institutions. If you feel you may have been the victim of deceptive business practices, you should contact Shamis and Gentile, P.A.
