Class Action Lawsuit and Settlement News
PNC Reaches $90M Overdraft Fee Class Action Settlement Print Email
1 1 1 1 1 1 1 1 1 1 Rating 3.67 (3 Votes)
Follow us on Twitter and Facebook for the latest Class Action Lawsuit Settlement News!

PNC Reaches $90M Overdraft Fee Class Action Settlement

By Kimberly Mirando

 

PNC BankPNC Bank agreed this week to pay $90 million to settle an overdraft fee class action lawsuit that’s part of a multi-district litigation involving more than 30 banks nationwide.

At least 13 other banks -- including Bank of America, JPMorgan Chase, Union Bank and Citizens Bank -- have reached class action lawsuit settlements in the case, In re: Checking Account Overdraft Litigation, which accuses the banks of reordering debit card and ATM transactions from highest to lowest, rather than in the order the transactions occurred, in order maximize the number of overdraft fees they could charge a customer.

PNC reached a separate class action lawsuit settlement regarding improper overdraft fees last year, in which it agreed to refund customers nearly $12 million in unfair overdraft fees.

A lawyer for the Plaintiffs in the current case says he anticipates the new settlement with PNC to be presented to the Court for preliminary approval later this summer. At least “several hundred thousand” PNC customers throughout the country who were overcharged for debit and ATM overdrafts between 2004 and 2010 will be covered by the PNC class action settlement.

Keep checking Top Class Actions for details on how to file a claim for the PNC Overdraft Fee Class Action Lawsuit Settlement when they become available.

The case is In re Checking Account Overdraft Litigation, Case No. 09-md-02036, U.S. District Court, Southern District of Florida (Miami).
 

 

Updated June 27th, 2012

 

All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions

LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
©2008 - 2012 Top Class Actions® LLC
Various Trademarks held by their respective owners.

Last Updated on Thursday, 27 December 2012 11:09

Comments   

 
#8 Tonia Shanz 2013-05-31 08:53
Help, PNC has robbed me blind!!!!!
Can I recoup my money from overdrafts?
Is there a claim form that I can fill out?
 
 
#7 JEANINE SMITH 2013-03-08 09:21
I HAD BOTH MY REGULAR, AND MY OVERDRAFT ACCOUNT CHARGED 36.00. PAID THE REG FEE BUT DIDN'T REALIZE THEY KEPT CHARGING MY OVERDRAFT ACCOUNT EVERY DAY.
 
 
#6 j 2013-03-02 03:27
may have been settled but the ba##ards are still doing it.
 
 
#5 christine 2013-02-22 11:34
need a claim form for class action suit
 
 
#4 Joan Ruskaup 2012-07-18 19:22
I started getting charged $36.00 in December and then $7.00 per day until I received my SS Check which comes the 3rd Wednesday of the month. I am a 73 yr. Lady and I just found out about any of this from PNC Bank. I would appreciate if someone could get in touch with me and let me know wht I need to do.
 
 
#3 heather 2012-07-05 09:09
I think if you got it already from national city then you cant claim this one too UNLESS after it switched over to PNC you were charged those fees again. I also got a small payment from national city much less than what they originally claimed
 
 
#2 Connie 2012-07-03 10:47
How do I know if I am part of this? I received a payment from National City (a very small amount) in April 2012.
 
 
#1 robin 2012-07-03 09:12
what do we have to do to be a part of this? If we were involved in the National City case does that make us eligible for this case?
 

Add comment

Security code
Refresh