PNC settles overtime suit for $16M – CPBJ

Class Action Settlements. Class action lawsuits that have settled or have proposed settlements. If a class action lawsuit settles, the court will hold fairness hearings to ensure the terms of the settlement are fair to all class members.

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PNC Bank Class Action Lawsuit Written by Welcome on January 11, 2016 Class Action Settlement in TPIC-Related Claims in Enrique Montoya, et al. v. PNC Bank, N.A, et al., Case No: 1:14-cv-2074-Goodman. Individuals who have incurred financial charges as an insured or additional insured on a lender-placed insurance policy, covering items such as flood, flood gap, wind only, or hazard, as processed.

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The payoff amount was provided by PNC on 3/22/2018. However, PNC withdrew the monthly loan payment amount from my bank also on 4/3/2018. When I contacted PNC to return the over payment, PNC equipment finance’s customer service ([email protected]) emailed me that the over payment amount (4.26) will be refunded to my bank account by May 2nd.

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A recent lawsuit against PNC Bank alleging the bank violated truth in lending and racketeering laws has tentatively settled. An arbitration panel appointed by a federal judge will determine the amount of the final settlement. PNC wants to pay just $24 million while the bank’s affected customers are demanding million. The case began in 2003.

PNC Bank NA on Friday reached a $7 million settlement of a class action brought by mortgage loan officers accusing the bank of misclassifying them as overtime-exempt employees and making improper.

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PNC Bank settled a class action by agreeing to pay $7 million into a settlement fund for victims.. Columbus Federal Court Judge Approves Settlement of $7,000,000 PNC Bank Employment Class Action. These mortgage loan officers alleged that they were denied overtime pay and were otherwise.