Follow us on Twitter and Facebook for the latest Class Action Settlement News!

Top Class Actions Logo



We’re sorry! This settlement is CLOSED!


Please join the Top Class Actions Newsletter

list so you don’t miss out next time and head

over to the OPEN LAWSUIT SETTLEMENTS section

to see what’s available!



We tell you about cash you can claim EVERY WEEK! Sign up for our free newsletter.



Click here to skip the legal notice and go straight to the Top Class Actions article on this class action lawsuit settlement.


 No Legal Notice


Award (how much your claim may be worth): You can receive a cash payment of $120 from the Citibank HELOC class action settlement.



Class Action Lawsuit Settlement Case(s):  In Re: Citibank HELOC Reduction Litigation, Case No. 9-cv-0350-MMC, U.S. District Court, Northern District of California.


Company(ies): CITIBANK N.A.



Website of the Class Action Lawsuit Settlement Administrator (FILE YOUR CLAIM HERE):


Address to submit a claim form (REQUIRED):


To receive your cash payment from the Citibank HELOC class action lawsuit settlement, you must submit a Claim Form either online at or to the following address no later than January 31, 2013:

In re: Citibank HELOC Litigation

Settlement Administrator

P.O. Box 2838

Portland, OR 97208-2828


Phone Number to call for assistance: (866) 354-3015


Details:A federal judge tentatively approved a class action lawsuit settlement that will resolve claims Citibank committed unlawful home equity lending practices by cutting or suspending homeowners’ lines of credit during the mortgage crisis.


The Citibank lending settlement will resolve a 2009 class action lawsuit, titled In Re: Citibank HELOC Reduction Litigation, that alleges Citibank suspended or reduced borrowers’ home equity lines of credit based on a claim that their homes had significantly declined in value when, according to the Plaintiffs, their home values purportedly had not declined. This was a thinly-veiled attempt to limit the bank’s financial exposure to the collapse of the housing market and to rid itself of below-market interest rate loans, according to the class action lawsuit.

Class Members of the Citibank HELOC class action settlement include all U.S. Citibank customers that held a HELOC between January 1, 2008 and January 1, 2012 and had their Citibank HELOC account suspended or reduced based on a claim by Citibank that the value of their home had experienced a significant decline in value.

Citibank did not admit wrongdoing in agreeing to settle. The total value of the Citibank HELOC class action settlement was not disclosed.

Class Members will receive a number of benefits from the Citibank HELOC class action lawsuit settlement, including a cash award of $120 and the opportunity to reinstate their HELOC in some cases.

Current Citibank HELOC customers do not need to do anything to receive settlement benefits. However, if you are a former Citibank customer and you (1) have closed your HELOC in response to Citibank’s suspension or reduction based upon a significant decline in the value of your home, and (2) paid an early closure release fee to Citibank, then you may submit a Claim Form either using the electronic or paper claim.

The deadline to submit a Claim Form is January 31, 2013.

A Final Fairness Hearing is set for March 15, 2013.

Claim Forms and more information on your rights in the Citibank HELOC Class Action Lawsuit Settlement can be found at


Purchased or Leased From:  January 1, 2008 to January 1, 2012


Claims must be postmarked by: 1/31/13

Settlement Administrator(s): Eqpiq Systems, Inc.


Class Counsel:


Jay Edelson, Esq.

Steven L. Woodrow, Esq.

Evan Meyers, Esq.



Jim Patterson



Defense Counsel:


Lucia Nale, Esq.
Debra Bogo-Ernst, Esq.


We tell you about cash you can claim EVERY WEEK! Sign up for our free newsletter.


This site provides information about the law and class action lawsuit settlements designed to help users safely cope with their own legal needs. Legal information is NOT the same as legal advice – the application of law to an individual’s specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You should consider all postings or writings at by staff or others as personal opinion only and NOT the advice of a lawyer. 
Top Class Actions Legal Statement


©2008 – 2012 Top Class Actions® LLC

Various Trademarks held by their respective owners.


  • Lisane Forrello February 11, 2013

    Due to health issues, unfortunately I was not able to respond on time to be added to to the lawsuit.

    Could I still be added to it?

    Thank you.

  • Lizbeth Gannecilli April 10, 2013

    I just found out about this. Health issues & my husband’s passing probably contributed to it, bit I was never notified by Citibank.
    Can I still file?
    Thank you,
    Lizbeth Gannecilli

Leave a Reply

Your email address will not be published. Required fields are marked *

Human Verification: In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.

Categorized in: