Cheryl Rethaford v. Columbia State Bank,
Cause No. 21-2-08744-4
Cheryl Rethaford v. Columbia State Bank
NOTICE OF PENDING CLASS ACTION AND PROPOSED SETTLEMENT
READ THIS NOTICE FULLY AND CAREFULLY; THE PROPOSED SETTLEMENT MAY AFFECT YOUR RIGHTS!
IF YOU HAD A CHECKING ACCOUNT WITH COLUMBIA STATE BANK AND YOU WERE CHARGED AN INSUFFICIENT FUND FEE OR OVERDRAFT FEE BETWEEN JANUARY 29, 2015 AND FEBRUARY 27, 2023, THEN YOU MAY BE ENTITLED TO A CREDIT OR PAYMENT FROM A CLASS ACTION SETTLEMENT
Para una notificación en Español, llamar 1- (833) 419-0965 o visit la sección “Documentos” de este sitio web.
The Pierce County Superior Court of the State of Washington 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 don’t do anything and the settlement is approved, you may be issued a credit to your account or sent a payment from the Settlement Fund so long as 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 Umpqua Bank, as successor by merger to Columbia State Bank (the “Bank”), but you will not receive a credit or payment. If you exclude yourself from the settlement but want to recover against the Bank, 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 may receive a credit or payment and you will not be able to sue the Bank 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.