Superior Court for the State of California, County of Los Angeles, Central District
Case No. BC680214
IF YOU WERE CHARGED CERTAIN OVERDRAFT FEES ON A UNION BANK CONSUMER CHECKING ACCOUNT FROM OCTOBER 19, 2013 THROUGH FEBRUARY 28, 2019, THEN YOU MAY BE ENTITLED TO A PAYMENT OR CREDIT FROM A CLASS ACTION SETTLEMENT
This is not a solicitation from a lawyer.
A Settlement has been reached in a class action lawsuit claiming that MUFG Union Bank, National Association, now succeeded in interest by U.S. Bank National Association, breached its contract with Accountholders and improperly assessed and collected APSN Fees on certain debit card transactions. U.S. Bank National Association, as successor-in-interest to MUFG Union Bank, National Association is referred to on this Settlement Website as "the Bank." The Bank maintains it did nothing wrong; however, it has agreed to settle the lawsuit to avoid the cost, delay, and uncertainty of litigation. The Court has not decided which side is right.
A cash Settlement Fund of $5,000,000 has been established to pay Settlement Class Member Payments and any attorneys' fees and costs and any Incentive Award ordered by the Court. Current and Past Accountholders assessed APSN Fees by MUFG Union Bank, National Association ("Union Bank") may be eligible for a Settlement Class Member Payment from the Settlement Fund.
This Settlement Website explains important legal rights you may have. Your legal rights will be affected regardless of whether you act or don't act.
SUMMARY OF YOUR OPTIONS AND THE LEGAL EFFECTS OF EACH OPTION |
DO NOTHING AND RECEIVE A SETTLEMENT CLASS MEMBER PAYMENT OR ACCOUNT CREDIT | If you don't do anything and the Settlement is approved, you will receive a payment or account credit from the Settlement Fund so long as you do not opt-out of or exclude yourself from the Settlement (described in the next box). |
OPT-OUT OF 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 the Bank, but you will not receive a payment or account credit. If you opt-out of the Settlement, but want to recover against the Bank, you will have to file a separate lawsuit or claim. |
OBJECT TO THE SETTLEMENT | You may mail an objection to the Settlement Administrator explaining why you believe the Court should reject the Settlement. If the Settlement is approved and your objection is overruled by the Court, then you may receive a payment or account credit, and you will not be able to sue the Bank for the claims asserted in this Action. If the Court agrees with your objection, then the Settlement may not be approved. |
These rights and options- and the deadlines to exercise them - along with the material terms of the Settlement are explained on this Website.
The Court in charge of this Action still has to decide whether to approve the Settlement. Payments and account credits will be provided if the Court approves the Settlement and after any appeals, if filed, are resolved. Please be patient.