June 11, 2021
The Judicial Panel on Multidistrict Litigation has consolidated 10 suits filed against Bank of America that all similarly claim the financial institution failed to protect unemployment benefit recipients from fraudsters and unlawfully froze or denied access to their accounts.
June 02, 2021
A California federal judge has ordered Bank of America to reopen and investigate suspicious activity claims filed by California unemployment benefits recipients who have been summarily frozen out of their accounts amid a surge of pandemic-related fraud.
May 19, 2021
A federal judge has ordered Bank of America to provide preliminary relief to a class of California public benefits recipients suing the bank for freezing their accounts after failing to protect them from fraud, finding the plaintiffs have a "strong likelihood of success" on their claims.
May 07, 2021
Bank of America shouldn't have to face a proposed class action over its alleged failure to protect California unemployment benefit recipients from fraud, the bank told a California federal court, arguing that complaints the bank breached its contractual obligations came up short.
April 02, 2021
Bank of America's failure to protect California unemployment benefit recipients from fraudsters and subsequent freezing of fraud victims' accounts must end, a proposed class of public benefit recipients seeking an injunction told a California federal judge Thursday, including a mother who recounted breaking her son's piggy bank to buy groceries.
January 15, 2021
A California unemployment insurance recipient on Thursday filed a proposed class action against Bank of America NA in San Francisco federal court, accusing the bank — the Golden State's partner in unemployment benefits administration amid the pandemic-linked economic downturn — of failing to protect benefits recipients from fraudsters.