Bistany v. PNC BANK, NA

MEMORANDUM & ORDER

GORTON, District Judge.

The plaintiffs in this case, Richard and Marjorie Bistany (“the Bistanys”), are senior citizens living in Peabody, Massachusetts. They have had a banking relationship with a predecessor in interest to the defendant, PNC Bank, NA (“PNC”), but they allege that PNC has been pursuing them for payments under a loan agreement they never entered. The plaintiffs allege that the bank forged their signatures on the documents constituting the home equity loan in question.

The instant litigation arises out of the parties’ attempts to settle their dispute. PNC seeks…