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Client Alert

IS YOUR BANK A TARGET?

Many banks and credit unions are well-aware that they are the targets of an industry of plaintiff’s law firms. For over a decade, plaintiff’s class action law firms have been targeting financial institutions that impose multiple non-sufficient funds (“NSF”) charges on a single “item” and/or that assess overdraft (“OD”) fees on certain debit card transactions. ...

Quoted

The Power 30: Business Litigation

Matthew McBride was recently named to Minnesota Lawyer’s POWER 30: Business for 2023. POWER 30 highlights those whose mere presence on a case signifies the stakes, who have influenced the direction of the law, whose leadership in the community is pervasive and whose respect within the bar is undeniable. Matthew is a commercial litigator who ...

Article

CFPB Renews Focus on Bank Overdraft Fees, Likely Increasing Litigation Risk

By: Kyle R. Kroll

The hottest topic in banking this month is overdraft fees. On December 1, 2021, Capital One bank announced it would be eliminating all overdraft fees for consumer accounts, ending a practice that once netted the bank over $150 million in revenue each year.[1] It is perhaps no surprise that later that same day, the Consumer ...

Quoted

Matt McBride Quoted in Article on Summer Associate Classes

Matthew R. McBride, chair of Winthrop & Weinstine's Recruiting Committee, was quoted in "Summer Associate Classes Hold Steady at Local Firms," which appeared in Minnesota Lawyer on May 17, 2013.

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