NOTICE OF PENDING CLASS ACTION AND PROPOSED SETTLEMENT
READ THIS WEBSITE FULLY AND CAREFULLY; THE PROPOSED SETTLEMENT MAY AFFECT YOUR RIGHTS!
IF YOU HAVE OR HAD A CHECKING ACCOUNT WITH MIDWEST AMERICA FEDERAL CREDIT UNION (“DEFENDANT”) AND YOU WERE CHARGED CERTAIN OVERDRAFT OR NSF FEES BETWEEN AUGUST 24, 2013 AND DECEMBER 31, 2023, THEN YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT
The Allen County Superior Court has authorized this website; it is not a solicitation from a lawyer.
SUMMARY OF YOUR OPTIONS AND THE LEGAL EFFECT OF EACH OPTION | |
DO NOTHING | If you don’t do anything, you will receive a payment from the Settlement Fund so long as you do not opt out of or exclude yourself from the settlement. |
EXCLUDE YOURSELF FROM THE SETTLEMENT; RECEIVE NO PAYMENT BUT RELEASE NO CLAIMS | You can choose to exclude yourself from the settlement or “opt out.” This means you choose not to participate in the settlement. You will keep your individual claims against Defendant but you will not receive a payment for relevant fees and/or forgiveness of Uncollected Fees. If you exclude yourself from the settlement but want to recover against Defendant, you will have to file a separate lawsuit or claim. |
OBJECT TO THE SETTLEMENT | You can file an objection with the Court explaining why you believe the Court should reject the settlement. If your objection is overruled by the Court, then you may receive a payment and/or forgiveness of Uncollected Fees and you will not be able to sue Defendant for the claims asserted in this litigation. If the Court agrees with your objection, then the settlement may not be approved.
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For more information, Contact Us here or call (833) 627-8242.
These rights and options – and the deadlines to exercise them – along with the material terms of the settlement are explained in this website.