Eric Roberts v. Old Second Bancorp, Inc. d/b/a Old Second National Bank
IF YOU HAVE OR HAD A CHECKING ACCOUNT WITH OLD SECOND BANCORP, INC. D/B/A OLD SECOND NATIONAL BANK (“DEFENDANT”) AND YOU WERE CHARGED CERTAIN FEES BETWEEN FEBRUARY 1, 2012, AND DECEMBER 31, 2021, THEN YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.
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 sent a payment from the Settlement Fund or, if you are an existing Old Second National Bank customer, you may receive a credit on one or more of your accounts 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 Defendant, but you will not receive a payment. If you exclude yourself from the settlement but want to recover against Defendant, you will have to file a separate lawsuit or claim.
OBJECT TO THE SETTLEMENT
You must mail an objection to the Settlement Administrator, explaining why you believe the Court should reject the settlement. If the settlement is approved, then you may be sent a payment and you will not be able to sue Defendant for the claims asserted in this litigation.