DeNittis Osefchen, P.C. has obtained a settlement in a class action on behalf of 17,000 consumers in New Jersey against TRIDENT LAND TRANSFER COMPANY OF NEW JERSEY LP and TRIDENT INSURANCE AGENCY COMPANY LP, TRIDENT GROUP INC (collectively referred to herein as “Trident”). The class action alleged that Trident collected Mortgage Recording Fees at New Jersey real estate closings from consumers that were higher than allowed under New Jersey law. Trident denied the allegations, but was in agreement to resolve the case. Trident Abstract Title Agency, LLC, was not a part of this settlement and is not involved in this case in any way. Trident Abstract Title Agency, LLC, was dismissed early on in the case since it did not have any involvement in any of the allegations of the complaint.
The class settlement established a procedure whereby a claims reviewer will review the real estate sales documents for all Trident Title customers in New Jersey who submit a claim form under the settlement. Any customers who submit a claim who are found to have been overcharged will get 100% of the overcharge refunded.
To learn more details about the settlement, you can download the class notice and claim form that are set forth below.
If you have any questions you can contact Stephen P. DeNittis, Esq. at DeNittis Osefchen. P.C. at 856-797-9951 or email at sdenittis @ denittislaw.com.