PNC Bank Settles Debit Card Overdraft Case for $90 Million – $PNC

“MIAMI (AP) —PNC Bank has reached a $90 million settlement in a class-action lawsuit over excessive overdraft fees, the latest of several big banks to do so.

The agreement was filed Tuesday in Miami federal court. It must be approved by Senior U.S. District Judge James Lawrence King, who is overseeing similar lawsuits that were consolidated against about 30 banks.

Lawyers say details in the PNC deal will be filed within 45 days.”

Full article