Bank of the Ozarks Overdraft Class Action Settlement
Class Eligibility
You are a member of the Settlement Class if you are a Bank of the Ozarks’ who resides in Arkansas and were charged overdraft fees between December 4, 2006, and June 30, 2011 and as a result of Bank of the Ozarks’ former practice of Resequencing transactions that included at least one debit transaction from highest to lowest dollar amount.
Estimated Amount
$100
Proof of Purchase
Yes
Case Name
Walker v. Bank of the OzarksCase No. CV-11-777 The Circuit Court of Lonoke County Arkansas
Case Summary
The Class Action is about whether Bank of the Ozarks resequenced customer Account Debit Card Transactions from largest to smallest in dollar amount so that more Overdraft Fees could be charged.
Bank of the Ozarks denies any liability to Plaintiffs and the Settlement Class on the claims asserted in the Complaint. What is more, no trial has been held on the merits of any of the allegations against Bank of the Ozarks or its defenses. The Notice does not imply that there has been any finding of wrongdoing by Bank of the Ozarks or that recovery may be had in any amount. Although the Court has authorized notice to be given of the proposed Settlement, the Notice does not express the opinion of the Court on the merits of the claims or defenses asserted by either side in the lawsuit.
Settlement Pool
$2,750,000.00
Settlement Website
Deadline
11/29/2017
Contact
When are checks being mailed out
ADMIN – Hi Ron,
The status on the official page remains as TBD
Has anything been determined when checks will be distributed?
ADMIN – Hi Ron,
Per the official page the date for distribution remains TBD
Will everybody get a settlement check that were customers of bank of the ozarks?
ADMIN – Hi Eileen,
No, only those affected by the overdraft issue.
I was but I didnt know anything about this settlement until yesterday. Can i still be compensated? This is the reason I changed to another bank.
ADMIN – Hi Eileen,
Sadly you are not on time to receive compensation.
We received a check yesterday in the amount of 890.08. Is this a real check or a scam, I am hearing two different answeres.
ADMIN – Hi Janice,
I can’t see the check to help you determine if it is real or not. Take it to your bank and have them check if the check is real.
I got a check in the same amount as well. I was wondering if it was legit as well.
any news on when the checks will be mailed out
ADMIN – Hi James,
The court has not yet made a decision on this.
We received a check but our last name was misspelled. How do I get another check issued? I tried calling the number for the settlement administrator but it is a recording and doesn’t offer another phone or email option.
ADMIN – Hi Stacy,
This was handled by Epiq. Their contact info is as follows:
+1 503 265 0700
I received a check as well they were to send me another one cause I couldn’t cash the first one so they said they sent me another one and it was returned to them. My address was correct guess mailman put in the wrong mailbox. They were to send out another bunch on June 5,2018 but I have not received it yet I called and they said the check was pending. I was told it could be a few weeks. I don’t know if we will get paid or not it the way it is looking. It’s been 8 months being approved. Then the checks we got were no good. ???
ADMIN – Hi Alice,
Reach out to the class action administrator.
Can I get a good number for the class action administrator?
ADMIN – Hi Alice,
+1 503 265 0700
Has anyone received a good check? I been working since May 4, 2018 to get a replacement check for a check they sent me that was no good!!!!!
have they started mailing checks yet
ADMIN – Hi James,
I have not heard any reports regarding this settlement.
I have been corresponding with the class counsel, Carney Bates & Pulliam, PLLC, since this morning. If you want to get better answers, email them at: info@cbplaw.com. Make sure to indicate you want a reply back and include your name. IF you have a confirmation number, include that as well. I postal mailed my form in. SO they are having a harder time trying to find out why I haven’t been mailed a check. Good luck.
has anyone got a check yet from this
If someone had an account there but never had overdraft fees, they would not ce included in this suit, correct?
ADMIN – Hi Cody,
Correct.