Settlement Structure: Claims Made
Active: Closed
Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
Case Summary:This lawsuit alleges that Indiana Old National Bank illegally processed debit card transactions in order of highest to lowest amount rather than chronologically. This action led to many overdraft fees that would not have occured if the transactions had been processed in chronological order.
Docket Number:82C01-1012-CT-627
Company: Old National Bancorp
Filing Deadline: August 30, 2016
Class Period: November 9, 2008 to August 15, 2010
Objection Deadline: June 3, 2016
Exclusion Deadline: June 3, 2016
Final Approval Hearing: June 13, 2016
Proof of Purchase:Current customers will automatically be credited their settlement share in their accounts. Former customers must submit a valid claim form in exchange for a settlement check.
Eligibility:You are a member of the class if you live in Indiana, had an Old National Bank debit card between November 9, 2008, and August 15, 2010, and were charged two or more overdraft fees on the same day in the time period above due to the bank ranking card transactions in the order of highest to lowest, not chronologically.
Typical Settlement Amount:The amount will vary based upon number of claims received.
Total Settlement Amount: $4,750,000
Class Representative Proposed Incentive Fee:Law Firm:
Sweetnam LLC
Claim Form: Indiana Old National Bank Overdraft Claim Form
Case Name: Steven Kelly, et al. v. Old National Bank
Settlement Website: Kelly v. Old National Bank
Claims Administrator:
KCC Class Action Services
Old National Bank Settlement
c/o KCC Class Action Services
P.O. Box 40007
College Station, TX 77842-4007
Tags: Overdraft Fees, Your Bank