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<p>[QUOTE=&quot;saltysam-1, post: 1548320, member: 23368&quot;]First of all, this is an amendment to your existing account. By doing nothing and not opting out, it will be in full force and affect come November first. By doing nothing you acknowledge your acceptance of the change. That&#039;s why I stated &quot;many of us have or use&quot;. I wasn&#039;t talking about opening a new account with them. The new accounts already have this language in them. The question is not do you need to sue them, its how you must sue them if the need arises. If they took everyone&#039;s money out of their account, you would have to sue them as an individual, and arbitrate through a court appointed individual. Expenses for this would be shared by you and all equally. You may have lost ten times the amount of the settlement but may only receive an amount equal to what the arbitrator thinks is fair.&nbsp; In a class action suit, their is usually an entire law firm representing everyone and the fee is taken out of the settlement pool.&nbsp; It will cost you nothing if they loose. You will pay for costs under the arbitration scenario if you loose or win. Your portion of the pool settlement, in a class action, is decided by the extent of your losses. Those who lost more will get more. Not perfect but much better. This will have no bearing on individual lawsuits between just two parties.[/QUOTE]</p><p><br /></p>

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