Class Settlement Notices

IN RE: RESIDENTIAL CAPITAL, LLC, et. al., Debtors Case No. 12-12020, S.D.N.Y. Bankruptcy Court

related to: In re Community Bank of Northern Virginia Second Mortgage Lending Practices Litigation (W.D.Pa.)

This case involves second mortgage loans issued by Community Bank of Northern Virginia and Guaranty National Bank of Tallahassee between June 6, 1998 and November 13, 2002. A settlement has been reached between certain borrowers and Residential Capital LLC as part of its bankruptcy proceeding in New York City. The settlement provides for an allowed claim amount of $300 million for the class. A bankruptcy plan confirmation hearing will be held on November 19, 2013 before Judge Martin Glenn. If the plan is approved, eligible class members will receive payments. Read the ResCap Notice (Opens new a new Window)

Weaver v. Edward D. Jones & Co., L.P. (N.D. Ohio)
This 19 million dollar settlement resolved a class action lawsuit which sought recovery of minimum wage, overtime, and other compensation on behalf of individuals employed by Edward Jones as financial advisors.

In Re NovaStar Home Mortgage, Inc. (S.D. Ga.)
This multi-million dollar class action settlement resolved claims against NovaStar for RESPA violations relating to real estate settlement fees.

Huckabee v. Sovereign Bank (E.D. Pa.)
This case involved transaction fees that were charged at Sovereign Bank ATM locations in Pennsylvania.

DeMarco v. Northwestern Memorial Healthcare (N.D. Ill.)
This was a collective action under the Fair Labor Standards Act brought on behalf of hourly employees who worked at defendant’s hospital and were subject to an automatic meal break deduction policy, whereby 30 minutes of work time was automatically deducted from each hourly employee, on the presumption that they have received a non-compensable lunch.

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