TORONTO - Canadian Imperial Bank of Commerce has agreed to pay $10 million in a proposed settlement of a class-action lawsuit regarding non-sufficient funds fees.
TORONTO - Canadian Imperial Bank of Commerce has agreed to pay $10 million in a proposed settlement of a class-action lawsuit regarding non-sufficient funds fees.
The case took issue with CIBC’s practice of charging NSF fees on re-presented pre-authorized debit transactions between Sept. 21, 2020 and May 31, 2024.
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