Lexington resident Lachin Hatemi's bid to have his case against a big bank revived by the U.S. Supreme Court was denied Monday.
“My case is going to arbitration and it is very very likely that the arbitrator will rule against me,”" Hatemi, 34, said Monday.
Hatemi's case, Lachin Hatemi v. M&T Bank Corporation, began as a dispute over overdraft fees and evolved into one asking more central questions of the rights of individuals verses the power of large financial institutions. It’s a case that touches on current anxieties about growing inequality and anger toward banking institutions in the wake of the Great Recession and Occupy Movement.
See Business Lexington's full story from the October issue: http://smileypete.com/business/lexington-doctor-petitions-u-s-supreme-court-in-bank-case/