$50 Million Class Action Lawsuit Settlement by West Palm Beach-based Fidelity Federal Bank and Trust
A class action lawsuit which alleged West Palm Beach-based Fidelity Federal Bank and Trust with violation of federal anti-stalking legislation, has been agreed to be settled for $50 million.
U.S. District Judge Daniel T.K. Hurley accepted the settlement between tens of thousands of motorists and West Palm Beach-based Fidelity Federal Bank and Trust. The motorists will receive $160 each under the settlement.
Attorneys alleged the bank violated the Driver’s Privacy Protection Act in obtaining the names. The law was passed after the 1989 murder of TV actress Rebecca Schaeffer, whose stalker was able to track her down using motor vehicle records. The law allows for penalties of up to $2,500 per violation.