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PNC Pay-to-Pay Fees California Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

This settlement resolves a California class action against PNC Financial Services Group, Inc. The complaint claimed that PNC charged pay-to-pay fees for borrowers to pay their mortgages on residential properties in California, by telephone, by IVR, or online. It alleged that these fees violated California’s Rosenthal Act and its Unfair Competition Law.

Docket Number:

20-cv-06521-MCS-SPx (aco)

Company: PNC Financial Services Group Inc.

Filing Deadline: January 1, 2100

Class Period: June 22, 2016 to March 16, 2021

Objection Deadline: December 8, 2021

Exclusion Deadline: December 8, 2021

Final Approval Hearing: January 24, 2022

Proof of Purchase:

You do not have to do anything to participate in the settlement.

Eligibility:

You may be eligible if you paid fees in order to make a mortgage payment by telephone, by IVR, or online on a residential property in California, between June 22, 2016 and March 16, 2021.

Typical Settlement Amount:

Pro-rata share of the net settlement fund, according to a plan of allocation based on the amount each person paid in fees.

Total Settlement Amount: $661,793.51

Class Representative Proposed Incentive Fee:

$5,000

Law Firm:
Bradley/Grombacher LLP

Case Name: Corona v. The PNC Financial Services Group, Inc.

Settlement Website: PNC Pay-to-Pay Fees California Settlement Website

Claims Administrator:
KCC Class Action Services, LLC

Claims Administrator Contact Information:

Corona v. PNC Bank, N.A Settlement Administrator
PO Box 43434
Providence, RI 02940-3434
info@PNCSettlement.com
866-753-2432

Tags: Processing or Pay-to-Pay Fees, Unlawful Fees