April 14, 2016
PNC's $32.3 million settlement with homeowners alleging the bank overcharged them for force-placed insurance got approval Wednesday, when a Florida magistrate judge quoted Billy Preston’s “Nothing from Nothing” to say more litigation could leave the class with zilch given similar actions' mixed results.
January 25, 2016
PNC Bank NA will pay $32.3 million to settle a Florida federal class action accusing the bank of overcharging homeowners for force-placed insurance, after Bank of America NA, HSBC Bank USA NA and others reached similar deals, a Monday filing said.