If You Paid Overdraft Fees to Susquehanna Bank, You May Be Eligible for a Payment from a Class Action Settlement1 .
The purpose of this website is to inform you about a proposed Settlement of this class action lawsuit and about all of your options before the Court decides whether to give Final Approval to the Settlement. This website explains the lawsuit, the Settlement, your legal rights, what benefits are available, who may be eligible for those benefits, and how to get them.
A $3.68 million Settlement has been reached in a class action lawsuit about the order in which Susquehanna Bank (“Susquehanna”) posted Debit Card Transactions to consumer deposit Accounts, and the effect the posting order had on the number of Overdraft Fees the bank charged its Account holders. Susquehanna denies the claims in the lawsuit and maintains there was nothing wrong about the posting order used. The complaint in the lawsuit is posted on this website and contains all of the allegations and claims asserted against Susquehanna. Susquehanna denies the claims in the lawsuit and maintains there was nothing wrong about the posting order used.
You are a member of the Settlement Class if you: (a) had a Susquehanna consumer deposit Account that was accessible with a Susquehanna Debit Card between May 15, 2006 and August 15, 2010, and were charged two or more Overdraft Fees as a result of Susquehanna’s practice of posting Debit Card Transactions from highest to lowest dollar amount.
Payments have been automatically made to Settlement Class Members. Details on the formula for determining payment amounts, and other Settlement benefits are included in the detailed Long Form Notice and the Settlement Agreement, both of which are available on this website.
If you would like further information about the claims asserted in this case, you can review a copy of the Settlement Agreement here.
1All capitalized terms herein have the same meanings as the defined terms in the Settlement Agreement, a copy of which may be found on this website.