Federal Court certifies a national class action against PNC Bank involving excessive overdraft fees

Posted on: May 24th, 2012 by Steve Larson

On May 16, 2012, Judge King certified the following class:

All PNC customers in the United States who had one or more consumer accounts and who, from applicable statutes of limitation through August 13, 2010 (the class period), incurred an overdraft fee as a result of PNC’s practice of sequencing debit card transactions from the highest to lowest.

In other excessive overdraft fee cases pending in federal court in the Southern District of Florida, when a class gets certified, the case soon settles.