June 26, 2024
A California federal judge has trimmed a suit brought against Bank of America NA by a proposed class of unemployment and disability benefits card recipients while also agreeing with them that a federal magistrate judge erred in holding that the bank's top brass lacked "uniquely relevant information" concerning discovery in the suit.
July 12, 2023
Bank of America NA has asked a San Diego federal judge to toss additional claims from recently trimmed multidistrict litigation taking the bank to task over its alleged "egregious maladministration" of prepaid debit cards used to distribute California state unemployment benefits.
May 26, 2023
A California federal judge on Thursday trimmed a proposed multidistrict class action consumer litigation alleging Bank of America NA's security failures exposed their unemployment and disability benefits cards to fraud and led the bank to breach their contracts by freezing all accounts during the COVID-19 pandemic.