Fighting abusive overdraft practices that drain consumers and destabilize households.
In one year, the 10 largest banks generated more than $2.8 billion in overdraft fees.
Overdraft and NSF fees often hit people who can least afford them, turning small missteps into serious financial hardship. In 2024, the 10 largest banks together generated over $2.8 billion in overdraft fees, highlighting both the scale and impact of these charges on hardworking families. KalielGold responds with litigation aimed at reclaiming losses, challenging abusive fee structures, and reshaping how financial institutions treat account holders.
OUR APPROACH
Our cases challenge hidden fees that are not allowed by the banks’ own fine print contract.
We approach overdraft fee litigation with a sharp focus on the mechanics behind how fees are assessed, multiplied, and concealed. We scrutinize bank disclosures in an effort to combat fee escalation practices and challenge systemic abuse. Our team builds cases with deep financial analysis, internal policy reviews, and expert modeling to prove when practices are deceptive, unfair, or designed to confuse. Every case we bring is engineered to push for restitution and structural reform, because a few dollars taken wrongly from millions of people isn’t just predatory, it’s a business model that needs dismantling.
Notable Cases
Improper insufficient funds and overdraft fee class actions
Morris et al. v. Bank of America, N.A., No. 18-cv-00157 (W.D.N.C.)
Class action alleging Bank of America improperly charged insufficient funds fees and overdraft fees, resulting in a $75 million settlement.
Unlawful insufficient funds fee assessment class action
Perks v. TD Bank, Case No. 18-cv-11176 (S.D.N.Y.)
Class action alleging TD Bank improperly charged insufficient funds fees, resulting in a $41 million settlement.
Improper insufficient funds fee class action
McNeil v. Capital One Bank, N.A., No. 1:19-cv-00473-NRM-TAM (E.D.N.Y.)
MEET THE FOUNDERS
“Overdraft fees prey on vulnerability, transforming minor account shortfalls into cycles of debt that can devastate families. We're here to break those cycles and restore fairness to banking.”
Sophia Goren Gold & Jeffrey Kaliel
Founders
Sophia Goren Gold & Jeffrey Kaliel
Founders
Financial litigation experts who understand the fine print and fight for fair banking.
If overdraft or NSF fees have drained your account unfairly, we're ready to fight back.
PRACTICE AREAS
