October 22, 2021 A proposed class action lawsuit alleges Bank of America has discriminated against consumers of Iranian and Middle Eastern descent by arbitrarily restricting and closing their accounts.
July 22, 2021 A class action claims Bank of America failed to protect the security of debit cards issued to California unemployment benefits recipients.
July 16, 2021 Bank of America faces a class action over its alleged failure to reimburse the business expenses of mortgage employees who worked from home during the pandemic.
June 25, 2021 A Calif. resident alleges Bank of America has deceived consumers by failing to divulge that their mortgage loan amounts would increase as a result of opting into deferral/forbearance.
May 25, 2021 A lawsuit claims Bank of America has violated the terms of its contracts by charging multiple fees when an accountholder has insufficient funds to cover a check.
May 13, 2021 A class action alleges Bank of America has used an automated default mortgage servicing platform to “illegally, unfairly, and fraudulently” charge defaulted or at-risk-of-default borrowers for multiple and repetitive “property inspections.”
April 21, 2021 Bank of America faces another class action that claims the financial institution has lacked urgency in securing unemployment benefits for Californians amid the COVID-19 pandemic.
March 16, 2021 A proposed class action alleges Bank of America has misled accountholders into paying ACH transfer fees for a service that’s otherwise free when sending money to authorized payees.
January 21, 2021 A class action claims Bank of America has unlawfully failed to fulfill mortgage borrowers' qualified written requests for information.
January 19, 2021 A lawsuit alleges Bank of America failed to prevent and address fraud involving unemployment insurance benefits provided through prepaid debit cards in California.
November 3, 2020 A lawsuit claims Bank of America overcharged homeowners for hazard insurance included in the price to redeem their homes after a foreclosure sale.
August 5, 2020 A class action lawsuit accuses Bank of America of a host of abuses toward mortgage borrowers, including the opening of escrow accounts without authorization.