OPINION s&sORDER

         GREGORY L. FROST, UNITED STATES DISTRICT JUDGE.

         This matter is before the Court for consideration of a Motion to Dismiss (Doc. # 6) filed by Defendants Household Realty Corporation and Household Finance (" Household" ) pursuant to Fed.R.Civ.P. 12(b)(6). Plaintiffs Michael L. Frost and Tina M. Campana (" Plaintiffs" ) filed a Memorandum in Opposition (Doc. # 11), to which Household filed a Reply (Doc. # 19). However, the Court notified the parties of its intent to treat Household's Motion to Dismiss as a Motion for Summary Judgment on September 24, 2004. (Doc. # 21). Neither party elected to modify its previous pleadings. For the following reasons, the Court finds Household's Motion for Summary Judgment well-taken and therefore dismisses Plaintiffs' claims against Household with prejudice.

         I. Background

         Plaintiffs are two individuals who reside in Ohio. (Pls.' Compl. ¶ 1). Defendants Household Realty Corporation and Household Finance are Delaware corporations licensed to conduct business in Ohio. Id. at ¶ 2. Household is a mortgage company offering mortgage refinance, home equity and express equity loans.

         Plaintiffs bought a home in Worthington. Id. at ¶ 3. Subsequently, they visited Household's office in Columbus, Ohio to discuss the possibility of consolidating their debts into a home equity loan to reduce their monthly payments. Id. at ¶ 5. At the time of their visit, Plaintiffs had a thirty (30) year mortgage with another lender with an 8.25% payback and monthly payments of $685.00. Plaintiffs owed approximately $65,000 on that mortgage. Id. Household employee David Corey (" Corey" ) advised Plaintiffs that they should refinance their current mortgage and replace it with a Household first mortgage that would include a pay-off of their other debts. Id. at ¶ ¶ 6, 25. Corey further advised Plaintiffs that the interest rate under the Household mortgage would be 7.64% per annum if they made bi-weekly payments. Id. at ¶ 7.

         Plaintiffs re-financed their mortgage with Household on July 27, 1999. Id. at ¶ 8, 32. However, once the paperwork was complete, the actual interest rate was 13.707% per annum. Id. Additionally, Plaintiffs claim that the paperwork incorrectly indicated that they received $6,910.12 after the three-day right of rescission expired. Id. at ¶ 9. Plaintiffs claim that Household retained that amount as mortgage broker fees and/or points on the loan. Id.

         Subsequently, Plaintiffs fell behind in their mortgage payments by one month. Id. at ¶ 12. Then, in November 2002, Plaintiffs received a flyer in the mail from Household indicating that they had been pre-approved for a lower interest rate and a lower monthly payment. Id. at ¶ 12. Plaintiffs contacted Household employee Farooq Wirk (" Wirk" ) at Household's Dublin, Ohio office to discuss the flyer. Id. at ¶ 14. Wirk told Plaintiffs he could re-write their loan, and he also advised Plaintiffs to discontinue making payments

on their current Household mortgage even though Household was sending Plaintiffs letters threatening foreclosure. Id. at ¶ 14. By January 2003, the second loan had not been completed, so Plaintiffs disregarded Wirk's advice and made one-and-a-half payments to bring their Household mortgage current. Id. at ¶ 15. In February 2003, Wirk advised Plaintiffs that he would not be able to re-finance their loan with better terms. Id. at ¶ 16.

         Plaintiffs filed this suit in state court on March 22, 2004. (Pls'. Compl.). Household was served with the Complaint on April 7, 2004 and removed it to this Court on April 30, 2004. (Doc. # 1). Essentially, Plaintiffs assert that Household arranged for Plaintiffs to get a higher interest rate than originally quoted in order for Household to be able to retain a kickback in the amount of $6,910.12. (Pls'. Compl. ¶ 9). This higher interest rate, of course, increased Plaintiffs' settlement costs. Id. at ¶ ¶ 33, 35, 36. Specifically, Plaintiffs allege that Household violated the: Real Estate Settlement Procedures Act (" RESPA" ), 12 U.S.C. § 2601 et seq.; Home Owner Equity Protection Act (" HOEPA" ), 15 U.S.C. § 1639; Consumer Credit Protection Act (" CCPA" ), 15 U.S.C.S. § 1601 et seq.; Ohio Consumer Sales Practices Act (" OSCPA" ), Ohio Revised Code § 1345.01 et seq.; and the Ohio Racketeer Influenced and Corrupt Organizations Act (" ORICO" ), Ohio Revised Code § 2923.31 et seq. Id. at ¶ ¶ 18-80. Plaintiffs further allege that Household: (1) committed fraud in the inducement by telling Plaintiffs they would get a lower loan rate than they got; (2) negligently misrepresented the loan rate Plaintiffs would receive; (3) caused Plaintiffs emotional distress; and (4) engaged in a civil conspiracy. Id. Household filed an answer to Plaintiffs' Complaint on October 8, 2004. (Doc. # 22).

         At the time Plaintiffs filed their complaint, a class action lawsuit certified under Fed.R.Civ.P. 23(b)(3) and involving Household as a defendant was ongoing in the Northern District of California. The original lawsuit was filed on February 2, 2002, with which later cases were consolidated. (Defs.' Mem. Supp. Dismiss at 3). The case settled in December 2003, at which time the court issued a preliminary order approving the settlement. The preliminary order, among other things, certified the settlement class as follows:

(Defs.' Reply Ex. A, Second Revised Preliminary Approval Order ¶ 2).

         Plaintiffs are former borrowers of Household Finance Corporation who entered into a real estate secured loan processed at Household Finance Corporation's Columbus, Ohio consumer lending branch on July 27, 1999. Therefore, Plaintiffs fall within the class as certified above.

         The United States District Court for the Northern District of California also established and approved the notice requirements in this preliminary order:

Id. at ¶ 6.

         Specifically, Paragraphs 8 and 9 provided that notice of the settlement was to be sent via first class mail to the last known address of all Settlement Class Members pursuant to Household's records. Additionally, the settlement was to be published in USA Today's national edition twice, once in two consecutive weeks. Id. at ¶ ¶ 8, 9.

         Furthermore, the notice provided detailed instructions on how to opt out:

Id. at ¶ 10.

         Household filed this Motion for Summary Judgment, alleging that Plaintiffs claims are barred by res judicata because Plaintiffs failed to opt-out of the California class in accordance with the settlement agreement. It is to an examination of Household's motion that the Court now turns.

         II. Discussion

         A. Standard of Review

         Summary judgment is appropriate " if the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any, show that there is no genuine issue as to any material fact and that the moving party is entitled to a judgment as a matter of law." Fed.R.Civ.P. 56(c). The Court must therefore grant a motion for summary judgment if the nonmoving party who has the burden of proof at trial fails to make a showing sufficient to establish the existence of an element that is essential to that party's case. See Muncie Power Prods., Inc. v. United Techs. Auto., Inc., 328 F.3d 870, 873 (6th Cir. 2003) (citing Celotex Corp. v. Catrett, 477 U.S. 317, 322, 106 S.Ct. 2548, 91 L.Ed.2d 265 (1986)).

         In viewing the evidence, the Court must draw all reasonable inferences in favor of the nonmoving party, which must set forth specific facts showing that there is a genuine

issue of material fact for trial. Id. (citing Matsushita Elec. Indus. Co. v. Zenith Radio Corp., 475 U.S. 574, 587, 106 S.Ct. 1348, 89 L.Ed.2d 538 (1986)); Hamad v. Woodcrest Condo. Ass'n, 328 F.3d 224, 234 (6th Cir. 2003). A genuine issue of material fact exists " 'if the evidence is such that a reasonable jury could return a verdict for the nonmoving party.'" Muncie, 328 F.3d at 873 (quoting Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248, 106 S.Ct. 2505, 91 L.Ed.2d 202 (1986)). Consequently, the central issue is " 'whether the evidence presents a sufficient disagreement to require submission to a jury or whether it is so one-sided that one party must prevail as a matter of law.'" Hamad, 328 F.3d at 234-35 (quoting Anderson, 477 U.S. at 251-52).

         B. Adequacy of Notice to Opt Out of the Particular Class

         Plaintiffs first assert that they were not given adequate notice by the Household class administrator in order to opt out of the particular class. (Pls.' Mem. Opp'n 2). In Mullane v. Central Hanover Banks&sTrust Co., 339 U.S. 306, 70 S.Ct. 652, 94 L.Ed. 865 (1950), the United States Supreme Court held:

Id. at 314-15.

         In order to fulfill this fundamental due process requirement, a class action certified under Fed.R.Civ.P. 23(b)(3) must meet the following notice guidelines prescribed under Fed.R.Civ.P. 23(c)(2)(B):

         In compliance with the Second Revised Preliminary Approval Order determined by the United States District Court for the Northern District of California, the class administrator for the Household Litigation mailed notice of the class action settlement " starting on December 22, 2003 thru February 13, 2004 via First-Class mail to 904,178 potential members of the class. Additionally, [the class administrator] caused notice to be published in USA Today on February 11, 2004 and February 19, 2004." (Defs.' Reply Ex. B, Redell Decl. ¶ 4). The notice itself satisfied each 23(c)(2)(B) requirement, including the right to opt out:

(Defs.' Mem. Supp. Ex. 2, Proposed Mail Notice at 2).

         The district court determined in its Final Approval Order and Judgment that this notice was " the best notice practicable," and it satisfied all parties' due process rights. (Defs.' Reply Mem. Supp. Dismiss, Final Approval Order and Judgment ¶ 11).

         Plaintiffs in the case sub judice claim that they never received notice of the Household class litigation, which resulted in their inability to make an informed decision on opting out of the identified class. (Pls.' Mem. Opp'n 2). This claim, however, does not deem the notice inadequate. Moore's Federal Practice states:

5 James Wm. Moore et al., Moore's Federal Practice § 23.101[3] (Matthew Bender 3d ed. 2004). See also Weinberger v. Kendrick, 698 F.2d 61, 71 (2nd Cir. 1982) (notice sent to individuals' last known address and notice published in the Wall Street Journal constituted adequate notice, even though some members of the class did not receive actual notice); Jordan v. Global Natural Res. Inc., 102 F.R.D. 45, 51 (S.D. Ohio 1984) (due process does not require actual notice to all class members, and constructive notice by publication will suffice to inform potential class members).

         The fact that Plaintiffs did not receive actual notice of the settlement agreement, which included the requirements for excluding themselves from the class, does not dictate that the notice was insufficient or in violation of their due process rights. The district court approved the Mail Notice and the Publication Notice, and the class administrator acted accordingly. It

cannot be said that the approved notice did not " apprise interested parties of the pendency of the action and afford them an opportunity to present their objections." Mullane, 339 U.S. at 314-15. Therefore, Plaintiffs' claim that the notice was inadequate is unconvincing.

         C. Satisfying Exclusion Requirements by Filing and Serving a Lawsuit Prior to the Opt-out Deadline

         Plaintiffs next argue that filing their lawsuit against Defendants in state court sufficiently satisfied the opt-out requirements defined by the class settlement agreement. This argument relies on a court's interpretation of the flexibility permitted under Fed.R.Civ.P. 23(c)(2).

         Wright and Miller's Federal Practice and Procedure states:

7B Charles Alan Wrights&sArthur R. Miller, Federal Practice and Procedure § 1787 (2d ed. 1986).

         In accordance with the proposition of Professors Wright and Miller, Plaintiffs assert that their claims against Defendants are not barred by the doctrine of res judicata because they elected to opt out of the class litigation by filing and serving a lawsuit against Defendants prior to the opt-out deadline. (Pls.' Mem. Opp'n Dismiss at 2). To support this claim, Plaintiffs cite McCubbrey v. Boise Cascade Homes&sLand Corp., 71 F.R.D. 62 (N.D. CA 1976).

         In McCubbrey, the court considered the petitioners' claims that respondents, plaintiffs in state court suits who failed to opt out of the class settlement, were barred by the doctrine of res judicata from bringing actions on matters already addressed in the McCubbrey suit (the class action). Id. at 65. There, the court analyzed the positions of ten respondents who neither participated in the settlement nor requested exclusion from the class to determine whether the person sought to be bound was a member of the class, and whether due process requirements were satisfied in the prior litigation. Id. at 67.

         The first group consisted of respondents who instituted suits against the petitioner prior to receipt of the notice of the proposed settlement of the class action. The court found that the contents of the notice requirement failed to adequately inform individuals involved in pending litigation that their actions would be terminated if they did not choose to opt out. Id. at 68. According to the court, the language in the notice itself did not meet the due process requirements of reasonableness established under Mullane. Id. at 68. Consequently, none of the respondents was barred from filing an independent suit against the petitioners. Id. at 69.

         The second group consisted of respondents who filed suits after receipt of the class action notice but prior to termination of the opt-out period. The court found that these respondents, by filing individual claims, had " expressed a desire not to participate in the settlement in a written document containing the information requested in the class notice." Id. (emphasis added). In making this determination, the court considered two opposing views used by authorities when determining the " degree

of latitude to be afforded an absent member seeking exclusion from a class suit." Id. The more rigid view proclaims " that liberal relief from failure to follow requisite exclusion procedures will erode finality of complex adjudications, discourage class action settlements, permit return of the former option of one-way intervention, and place a burden on judicial resources." Id. (citing In re Four Seasons Sec. Litig., 502 F.2d 834, 843-844 (10th Cir. 1974)). In contrast, the more liberal view holds " that any reasonable expression of a request for exclusion should serve to relieve a class member from a class suit." McCubbrey, 71 F.R.D. at 70 (citing Bonner v. Texas City Indep. School Dist., 305 F.Supp. 600 (D.Tex. 1969)).

         The McCubbrey court adopted the liberal view. First, it took into consideration the exclusionary requirements contained in the notice. To be excluded, interested parties needed to mail a written request for exclusion to the Attorney General's office on or before June 26, 1973. McCubbrey, 71 F.R.D. at 69. The written request should have contained the following: the party's name, current address, number of lots, and name of the petitioners' project or projects in which the lots were located. Id. According to the court, respondents' filing an individual claim satisfied all of the notice requirements, with the exception of mailing it to the identified address. Id. To the court, this was an adequate expression of a desire not to participate in the settlement. Id.

         Furthermore, the court considered the attention given to the respondents' claims by the petitioners: " After receipt of the complaints, during the exclusion period, [petitioners'] counsel communicated with respondents' attorney to discuss the details of the litigation and to request additional time to file a responsive pleading." Id. at 71. The court found that this conduct signified acceptance by the petitioners of the class members' desire to opt out.

         Together, these two acts demonstrated to the McCubbrey court that the respondents had taken steps to opt out of the class, as distinguished from absent members who did nothing during the opt-out period yet sought exclusion from the class after the opt-out deadline had expired. Id. Accordingly, the court held that these respondents had effectively opted out of the class settlement and could bring individual actions against the petitioners. Id.

         The third and final group consisted of respondents who filed suit after the opt-out period had ended. Two respondents from this group argued that they should be excluded because they failed to receive notice. Finding this argument to be unconvincing, the court reiterated the " best efforts" requirement established by Mullane : " [N]otice reasonably certain to reach most of those interested in objecting is likely to safeguard the interests of all, since the objection sustained would inure to the benefit of all. We think that under such circumstances reasonable risks that notice might not actually reach every beneficiary are justifiable." Id. at 74 (quoting Mullane, 339 U.S. at 319).

         According to the court, the petitioners fulfilled their requirement for effectuating notice to this third and final group of respondents. They mailed first-class notice to all class members, posted notice at every site of petitioners' projects, and published notice on two occasions in twenty newspapers. McCubbrey, 71 F.R.D. at 74. These respondents had not followed the opt-out requirements; thus, they were barred from initiating any individual suits.

         Plaintiffs in the case sub judice mistakenly equate themselves with both the first and second group of the McCubbrey respondents. Here, Plaintiffs were not part of pending litigation at the time of filing

their suit; instead, they filed their individual suit against Household Realty Corporation after notice had been sent to settlement class members and before the opt-out period ended. Therefore, their situation more closely resembles the situation of McCubbrey's group two respondents.

         Similar to the situation involving McCubbrey's group two respondents, this Court has already established that In re Household Lending Litigation notice was adequate, even though Plaintiffs here claim that they did not receive actual notice. Furthermore, the record is clear as to when Plaintiffs filed their action against Defendants -- March 22, 2004; this date was between the time In re Household Lending Litigation notice was received (beginning on or about December 22, 2003 thru February 13, 2004) and the period to opt out was terminated (April 9, 2004). The record also shows that Plaintiffs' Complaint in the individual action satisfied several of the elements of the Request for Exclusion, i.e., it indicated their names, addresses, and some information identifying their loans. Finally, Defendants exhibited that they received notice of this suit by taking action to have it removed to federal court on April 30, 2004.

         The facts in the instant case, however, are distinguishable from those in McCubbrey. First, the McCubbrey Request for Exclusion lacked the same amount of detail required by the request in this case. There, class members electing to opt out were required to send to the Attorney General's office their name, current address, number of lots, and name of the petitioners' project or projects in which the lots were located. The McCubbrey court found that the respondents, by filing individual lawsuits, had " expressed a desire not to participate in the settlement in a written document containing the information requested in the class notice." Id. at 69. In contrast, the Request for Exclusion here required the name of the case; the party's name, address and telephone number; information identifying the loan or loans, such as the loan number, date of loan, amount of loan, and address of the property; a statement that the party and all other borrowers named on the promissory note were seeking exclusion; and the party's signature and the signature of all other borrowers named on the promissory note. Furthermore, it required that the request be sent to the settlement administrator twenty-one days before the Fairness Hearing, and that failure to do so would result in automatic inclusion in the class. Plaintiffs satisfied only a few of these requirements: their complaint indicated their names, addresses, and some loan information. It cannot be said that the Plaintiffs' Complaint sufficiently contained the required exclusionary information.

         Moreover, the attention given to the respondents' claims by the petitioners in McCubbrey occurred during the exclusion period. Id. at 71. This fact strengthens the argument that respondents were effectuating a desire to opt out, and that petitioners were aware of this desire. On the other hand, Plaintiffs here filed their complaint approximately two weeks before the optout deadline and served it to Defendants only four days before that deadline. The expression of an intent to notify Defendants of Plaintiffs' desire to be excluded is shielded by an appearance that Plaintiffs were making a last minute effort.

         The liberal view of fulfilling opt-out requirements centers on a " reasonable expression" of a request for exclusion. This reasonableness standard is not satisfied where parties notified of a class settlement agreement and opt-out period choose to file a lawsuit which only nominally fulfills the requirements of a detailed Request for Exclusion.

          III. Conclusion

         For the foregoing reasons, the Court concludes that Plaintiffs Frost and Campana are barred from filing an individual lawsuit against Household. Defendants' Motion to Dismiss, which the Court has treated as a Motion for Summary Judgment, is GRANTED. (Doc. # 6).

         The Clerk shall enter judgment accordingly and terminate the case upon the docket records of the United States District Court for the Southern District of Ohio, Eastern Division, at Columbus.

         IT IS SO ORDERED.