YOU MAY BE ENTITLED TO A CASH PAYMENT OF $200.00 IF YOU PARTICIPATED IN A NEW JERSEY REAL ESTATE CLOSING FOR A PROPERTY LOCATED IN NEW JERSEY WHERE TRUSTED SETTLEMENT SERVICE, LLC SERVED AS THE CLOSING AGENT.
WHAT IS THIS NOTICE ABOUT? A lawsuit entitled Robey v. Trusted Settlement Service, LLC, Docket No. GLO-L-283-22, was filed in the Superior Court of New Jersey, Gloucester County on behalf of all persons who, between December 16, 2016 and the present, participated in a real estate closing for a property located in New Jersey where Defendant, Trust Settlement Service, LLC, served as closing agent and were charged a fee by Defendant to record a mortgage or deed with the county clerk. The lawsuit alleges that Trusted Settlement Services charged persons more than permitted by law when conducting New Jersey real estate closings. The lawsuit seeks to obtain refunds for class members who paid alleged excessive fees. Trusted Settlement Services denies the claims and allegations asserted by Plaintiff, denies any wrongdoing or liability to Plaintiff and the class whatsoever, and maintains that it has fully complied with New Jersey law in all its dealings with Plaintiff and the Class. The parties nevertheless have agreed to settle the lawsuit on a class-wide basis, and the proposed class settlement has now been preliminarily approved by the Court.
WHY SHOULD I READ THIS NOTICE? You may be a member of the Class. This is a class action lawsuit that the parties have proposed to settle on a class-wide basis. If the proposed settlement is approved by the Court, your legal rights may be affected. This notice describes what the lawsuit is about, explains the terms of the proposed settlement, tells you who would be covered and what legal claims would be resolved by the settlement if the Court approves it, and explains how individuals can obtain benefits under the settlement.
AM I COVERED BY THIS CLASS ACTION LAWSUIT AND THE PROPOSED SETTLEMENT? You are a Class member if you participated in a New Jersey real estate closing for a property in New Jersey between December 16, 2016 and the present with Trusted Settlement Services, LLC serving as the closing agent. Trusted Settlement Services records indicated you may be a class member. If you have any questions regarding whether you are a Class member, you can contact Trusted Settlement Services at 1-800-707-4636, Ext 402, or via email at kcobra328@yahoo.com, or you may contact Class Counsel at 856-797-9951 or via e-mail at sdenittis@denittislaw.com. You can also obtain more information about the settlement by visiting Class Counsel’s website www.denittislaw.com.
WHAT ARE THE TERMS OF THE SETTLEMENT? Trusted Settlement Services has agreed to pay a cash award in the amount of $200.00 to each Class Member. Trusted Settlement Services has also agreed to pay up to $1,000.00 to the Named Plaintiff/Class Representative as an Incentive Award to compensate her for her efforts in bringing this case. Also, Trusted Settlement Services has agreed to pay all costs of notice and administering the settlement, and up to $29,000.00 to Class Counsel in attorneys’ fees and litigation expenses, subject to court approval, for their time and expenses incurred in prosecuting the case. All incentive awards, notice and administration costs, and attorneys’ fees and costs awarded will be paid separately by Trusted Settlement Services and will not reduce the benefit to you or any Class member. The proposed settlement is intended to settle all claims against Trusted Settlement Services that arise in any way from Trusted Settlement Service’s actions that are the subject of this lawsuit. By participating in this Settlement, each Class member is releasing all such claims. The foregoing is a summary of the basic settlement terms. The full settlement is set forth in a Settlement Agreement that can be viewed at Class Counsel’s website, www.denittislaw.com, or by contacting Trusted Settlement Services or Class Counsel at the below email address or telephone number.
WHAT ARE MY RIGHTS? If you are a member of the Class and wish to participate in the Settlement, you need to do nothing. If the settlement is approved by the Court you will automatically receive $200.00 once the settlement becomes Final. If you do not wish to be a part of this Settlement, you may exclude yourself. If you do not exclude yourself, you will be bound by the Settlement and all Orders of the Court. As a result, you will no longer be able to sue or continue to sue Trusted Settlement Services about the claims in the lawsuit that are covered by the Settlement. To request exclusion, you must mail your request in writing, postmarked no later than FRIDAY, SEPTEMBER 8, 2023, to Trusted Settlement Services Class Settlement, C/O Reidenbach & Associates, LLC, 229 West Wayne Ave., Wayne, PA 19087.
If you are a member of the Class and you wish to intervene or object to this Settlement, you must file an Objection with the Court. Your Objection must also be mailed, postage pre-paid, to Class Counsel at DeNittis Osefchen Prince, P.C., 5 Greentree Centre, Suite 410, 525 Route 73 N., Marlton, NJ 08053 and to Defendant’s Counsel, Lida L. Bonner, Esq., Reidenbach & Associates, LLC, 229 West Wayne Avenue, Wayne PA 19087. Your Objection must be postmarked on or before FRIDAY, SEPTEMBER 8, 2023, and contain: the name of the lawsuit; your full name, current address, and phone number; your signature; proof that you are in the Class; a specific statement of your intention to object to the Settlement; and the reasons you are objecting to the Settlement.
On SEPTEMBER 28, 2023, at 9:00 a.m., the Superior Court of New Jersey, Law Division, Gloucester County, the Honorable Timothy W. Chell, P.J.S.C., in Courtroom 200, Gloucester County Courthouse, 1 N. Broad, Woodbury, NJ, will hold a PUBLIC HEARING to determine whether the proposed settlement is fair, adequate, and reasonable and should be approved. Class members who support the proposed settlement do not need to appear at the hearing or take any other action to indicate their approval. Class members who object to the proposed settlement are not required to attend the settlement hearing. If you want to be heardorally in opposition to the settlement, either personally or through counsel, you must indicate your intention to appear at the hearing in your written objection.
HOW DO I GET MORE INFORMATION? Claim forms and further information about the settlement can be obtained by visiting Class Counsel’s website, www.denittislaw.com, or by contacting Class Counsel at 856-797-9951 or sdenittis@denittislaw.com
PLEASE DO NOT WRITE OR TELEPHONE THE COURT FOR INFORMATION ABOUT THE LAWSUIT OR PROPOSED SETTLEMENT.