---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000420"
form_type: "8-K"
ticker: "PFS"
cik: "0001178970"
company_name: "PROVIDENT FINANCIAL SERVICES INC"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:43:53.802704+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Provident Financial settles overdraft fee class action for $1.85M; court approves settlement

## Summary
- Court approved $1.85 million settlement on October 11, 2024, resolving wrongful overdraft fee claims.
- Suit filed in May 2022 alleged breach of contract, good faith, and New Jersey Consumer Fraud Act violations.
- Provident Bank contributed to the fund but denies any liability or wrongdoing.
- Motion for preliminary approval was filed September 23, 2024; final approval granted October 11.

## SEC filing metadata
- accession: 0000943374-24-000420
- form_type: 8-K
- ticker: PFS
- cik: 0001178970
- company_name: PROVIDENT FINANCIAL SERVICES INC
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178970/000094337424000420/0000943374-24-000420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178970/000094337424000420/form8k_101124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000420
- JSON: https://secwatch.observer/filing/0000943374-24-000420.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000420.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.