Settlements


PNC to Pay at Least $24M to Settle Acquired Bank’s Lawsuit | News

PNC Financial Services Group will pay at least $24 million to settle class-action claims that a Virginia bank it acquired charged excessive fees and kicked back money to a mortgage broker for customer referrals. The settlement first reported Tuesday by the Pittsburgh Tribune-Review is detailed in documents filed in U.S. District Court, Pittsburgh. It stems from claims filed …


Chicago Taxi Surcharge Fee Class Actions End in Settlement Deal for Refunds, $48K Attorney Fees

Lawsuits targeting Chicago taxi companies for adding a 50-cent surcharge to nearly 410,000 credit card payments over three-plus months this spring have been garaged, according to a settlement agreement filed Sept. 9 in Cook County Circuit Court. On Feb. 22, Chicago resident James Freeman-Hargis filed a class action complaint against Taxi Affiliation Services, a Chicago-based company affiliated …


New Hampshire Residents Can File for Payment in Dairy Antitrust Settlement

Residents of New Hampshire, 14 other states and the District of Columbia can now file a claim for part of a $52 million dairy anti-trust settlement. The settlement was reached earlier this month in a federal class-action lawsuit alleging that National Milk Producers Federation, through its voluntary farmer-funded national program, Cooperatives Working Together, artificially limited raw milk …


LADWP Class Action Settlement on Behalf of Overbilled Customers Has Grown to Nearly $50 Million

The landmark class action settlement reached with the Los Angeles Department of Water and Power (LADWP) on behalf of overbilled customers has now grown to nearly $50,000,000. Consumer rights attorney Jack Landskroner, of Landskroner Grieco Merriman, said today: “Our efforts, have already identified an additional $5,400,000 due back to customers who were overbilled since the settlement with …


LA Fitness Reaches Settlement in Membership Misrepresentation Lawsuit

After nearly eight months of litigation, LA Fitness and its parent company, Fitness International LLC, last Thursday reached an out-of-court settlement in a class action lawsuit in which the health club chain was accused of misrepresenting one-month membership renewals. The sum of the settlement has not been disclosed. The lawsuit was first filed in U.S. District Court for the Central District …


PNC Financial to Settle Acquired Bank’s Home Loan Lawsuit

The PNC Financial Services Group, Inc. PNC has agreed to pay atleast $24 million to settle a class-action lawsuit against Community Bank of Northern Virginia. The Community Bank was purchased by Mercantile Bankshares Corp. in 2005, a year before PNC Financial acquired the Baltimore-based Mercantile. The company, thereby, assumed the on-going lawsuit against the bank.


Dish Network to Pay $1.75 Million to Settle FCRA Class Action Lawsuit

Satellite television company Dish Network has agreed to pay $1.75 million to settle a class action lawsuit over alleged violations of the federal Fair Credit Reporting Act (FCRA) for not providing proper consent and disclosure forms needed to conduct background checks for employment purposes, according to a report on the TopClassActions.com website. Top Class Actions reports Plaintiff Scott …



AIG Hit by $230 Million Settlement Over MedPartners

In August, financial services firms suffered some nasty operational risk losses as a result of problems such as market manipulation, misconduct and poor anti-money laundering (AML) compliance. But the largest loss stemmed from a class action lawsuit against insurance giant AIG. In the late 1990s, MedPartners, a physician practice management company that now operates as CVS Health, touted its …