William Woods, Katerina Bobay and David Bobay
v.
Three Rivers Federal Credit Union
NOTICE OF PENDING CLASS ACTION AND PROPOSED SETTLEMENT
READ THIS NOTICE FULLY AND CAREFULLY
THE PROPOSED SETTLEMENT MAY AFFECT YOUR RIGHTS!
IF YOU HAVE OR HAD A CHECKING ACCOUNT WITH THREE RIVERS FEDERAL CREDIT UNION AND YOU WERE CHARGED AN OVERDRAFT FEE, OVERDRAFT TRANSFER FEE OR INSUFFICIENT FUNDS FEE BETWEEN OCTOBER 4, 2011 AND SEPTEMBER 30, 2023, THEN YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT
The Allen County, Indiana Superior Court No. 1 has authorized this Notice; it is not a solicitation from a lawyer.
| SUMMARY OF YOUR OPTIONS AND THE LEGAL EFFECT OF EACH OPTION | |
|
DO NOTHING |
If you do not do anything, you will receive a cash payment or account credit from the Settlement Fund or forgiveness of uncollected overdraft fees, overdraft transfer fees or insufficient funds fees, provided you do not opt out of or exclude yourself from the Settlement (described in the next box). |
| 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 cash payment, account credit or the forgiveness of uncollected overdraft fees, overdraft transfer fees or insufficient funds 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 will receive a cash payment, account credit, or forgiveness of uncollected overdraft fees, overdraft transfer fees or insufficient funds 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. |
These rights and options – and the deadlines to exercise them – along with the material terms of the settlement are explained in this Notice.