Chernyavsky v. Inland Bank & Trust d/b/a Cambridge Bank

CLASS ACTION SETTLEMENT INFORMATION

Welcome to the settlement information website for Chernyavsky v. Inland Bank & Trust d/b/a Cambridge Bank. This website describes the case and the settlement between Eugene Chernyavsky (“Plaintiff”) and Inland Bank & Trust d/b/a Cambridge Bank (“Defendant”).

We have tried to design this website to help you get information about the proposed settlement of this case. If necessary, however, you can also contact Class Counsel for further information:

DO NOT CONTACT THE COURT FOR INFORMATION.

This case is currently pending in the United States District Court for the Northern District of Illinois as Case No. 08 C 4009. The judge is Magistrate Sidney I. Schenkier. To see a copy of the Complaint, click here.

Plaintiff alleges that Defendant did not post the required fee notice on the outside of certain of its ATMs, thus violating the Electronic Funds Transfer Act, 15 U.S.C. §1693 et seq (“EFTA”). Specifically, Plaintiff alleges Defendant failed to post a notice on certain ATMs disclosing that a fee may be charged for using the ATMs. This lawsuit involves the following Cambridge ATMs and the time period July 15, 2007 to May 17, 2008:

To see a copy of the class action publication notice, click here.

Defendant denies Plaintiff’s claims of wrongdoing but has agreed to settle all claims against it to avoid the expense of continued legal proceedings. To see a copy of the Settlement Agreement, click here.

The Court has certified a class and preliminarily approved a class action settlement of this case. To see a copy of the Preliminary Approval Order, click here.

The links below provide information about who is a Class Member, the terms of the Settlement Agreement and how Class Members can participate in, object to, or exclude themselves from, the class action settlement of this case.

All Potential Class Members:

To find out if you are a Class Member, click here.

If you are a Class Member and want to receive money from the Settlement Fund, click here.

If you do not want to be a class member (or receive any money from the Settlement Fund), click here.

If you want to object to the settlement of this case as a class action or to the terms of the Settlement Agreement, click here.

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Class Definition

All persons who, from July 15, 2007 to May 17, 2008, were charged a transaction fee for the use of either of the following automated teller machines operated by Inland Bank & Trust f/k/a Cambridge Bank:

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Opt-Out Instructions

If you do not want to participate in the Settlement you must write a letter stating, “EXCLUDE ME FROM THE CHERNYAVSKY V. INLAND/CAMBRIDGE BANK SETTLEMENT.” Include your name and address and mail the letter to First Class, Inc. at 5410 W. Roosevelt Rd., Unit 222, Chicago, IL 60644. Your letter must be postmarked by July 15, 2009 to be valid.

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Objection Instructions

If you think the Settlement is unfair, you may object to it by writing a memo stating the specific reasons for your objection and filing it with the Court at 219 South Dearborn Street, Chicago, Illinois 60604 on or before July 15, 2009 and sending a copy to Class Counsel at 180 West Washington, Suite 700, Chicago, IL 60602 and to William J. McKenna, Foley & Lardner LLP, 321 N. Clark St., Suite 2800, Chicago, IL 60654.

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