On July 31, 2013, the United States District Court for the Western District of Pennsylvania (Schwab, J.) issued an Opinion and Order certifying a class of second mortgage loan borrowers against Pittsburgh based PNC Bank N.A. The Order appoints Lynch Carpenter and Bruce Carlson as co-lead counsel on behalf of the class. In this case, Lynch Carpenter asserts that Class Members were defrauded in connection with their second mortgage loans and, as a result, paid grossly excessive fees in connection with the loans. PNC’s financial exposure in this case exceeds $500 million dollars. Please contact Bruce Carlson with any questions regarding this litigation.
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