Fidelity Federal Bank & Trust

A class action lawsuit was filed on behalf of approximately 565,000 motorists whose names were purchased by Fidelity from the Florida driver license bureau. The lawsuit claimed the financial institution violated the federal anti-stalking legislation or Driver's Privacy Protection Act, which prohibits companies from buying driver records from state governments. Between 2000 and 2003 the bank paid the Florida Department of Highway Safety and Motor Vehicles a penny a name for the names and addresses of motorists who recently bought cars and used the information to send out brochures advertising auto loans. Fidelity Federal Bank & Trust agreed to settle the class action lawsuit for $50 million. (Aug-01-06) [HERALD TODAY]