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Old National Bank Lawsuit Will Go Forward As Class Action

Late Monday, the Indiana Supreme Court decided not to consider a petition from an Evansville-based bank on whether the lawsuit the bank is involved in can proceed as a class action, the Evansville Courier & Press reports.

Old National Bank has been involved in a lawsuit since 2010 claiming the bank purposely posted debit card and ATM transactions to increase overdraft fees.

A circuit court judge ruled last year the lawsuit could go forward as class action, which was affirmed by the Indiana Court of Appeals in April.

The Supreme Court's denial of the banks petition means that decision will stand and the Supreme Court will not hear it.

The decision means the Oct. 27 court date will go forward with a bench trial where a judge will hear both sides and issue a verdict.

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