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John McCarrick Comments on 9th Circuit Ruling on Overdraft Fees and Coverage Claims for Banks

Law 360
January 9, 2013

The Ninth Circuit ruled recently that debit transactions can be ordered in a way that maximizes overdraft fees. According to experts, this can potentially make it more feasible to win insurance coverage for the hundreds of millions of dollars they've paid out to settle class actions over the practice.

John McCarrick spoke with Law 360 on the implications of the ruling and what it means for customers.

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