Overdraft fees have been the subject of copious litigation recently. In November King approved a settlement [JURIST report] in a class action suit against Bank of America (BOA) [corporate website] for excessive overdraft fees. The settlement called for BOA to pay $410 million to 13.2 million people who had BOA debit cards between 2001 and 2011. BOA was among more than two dozen US, Canadian and European lenders named as defendants in the class action lawsuit, which consolidated claims across the country in 2009. In their amended complaint [text, PDF], the plaintiffs claimed that BOA's practices were deceptive in that they did not reasonably notify customers that they had the option of opting out of the overdraft scheme and declining transactions. In November 2009, the UK Supreme Court [official website] ruled [JURIST report] that the British government could not challenge the fairness of bank overdraft fees as a matter of law.