National City Bank Overdraft Fee Class Action Lawsuit Settlement

If you or someone you know was charged an overdraft fee from National City Bank (PNC) any time from July 1, 2005 through August 15, 2010 you could get a settlement payment of $100.00 or more from the National City Bank Overdraft Fee Class Lawsuit Settlement.

The lawsuit revolves around claims that National City Bank improperly assessed overdraft fees for insufficient funds on debit card purchases and ATM withdrawals in a number of ways that were unlawful, including by “re-sequencing” transactions in order to maximize the number of overdraft fees.  Claim forms can be found at the class admin portal at NationalCityClass.com.  All claim forms are due no later than 08-26-11 and can be submitted online or by mail.  The case is entitled Trombley, et al. v. National City Bank, et al.,  and a $12,000,000 settlement has been approved by the United States District Court for the District of Columbia.  Please note that National City was merged into PNC on November 6, 2009 and the lawsuit includes accounts transferred to PNC when it merged with National City in November 2009.  If you are a class member and do nothing you will get nothing.  All class members MUST file a claim in order to be eligible for a settlement payment. 

The Court appointed Hassan A. Zavareei and Jonathan K. Tycko, of Tycko & Zavareei LLP in Washington, D.C., (202) 973-0900, as “Settlement Class Counsel” to represent Settlement Class Members.  The deadline to file a claim is fast approaching.  Please go to Nationalcityclass.com here to file a claim online or print a claim form.