$2.85 Million Bank of America Settlement Resolves Restraint Fees Lawsuit
April 3, 2025 Bank of America has agreed to settle a class action that alleged it improperly charged fees to customers whose accounts were restrained by creditors.
Lawsuit Filings
Bank of America Facing Class Action Lawsuit Over Alleged Failure to Disclose Bill Pay Eligibility Requirement
March 11, 2025 A class action claims Bank of America failed to disclose to consumers that enrollment in its Bill Pay service would be canceled if they do not maintain an account with the bank.
Bank of America Class Action Lawsuit Filed Over Alleged Mastercard Rewards ‘Bait-and-Switch’
January 24, 2025 A Mastercard holder claims in a class action that Bank of America breached its contractual agreement by failing to honor his credit card rewards bonus offer.
$3.25M Bank of America Settlement Resolves Class Action Lawsuit Over Alleged Car Repo Notice Violations
December 18, 2024 Two Pennsylvania residents have filed a class action against Bank of America over its alleged failure to provide timely notice when repossessing and reselling a consumer’s financed vehicle.
Lawsuit Says Bank of America Stifles Free Speech with Provision that Prohibits Users from Badmouthing Bank
January 10, 2024 A lawsuit claims a provision in Bank of America’s online banking service agreement that prohibits customers from making any statement that might expose the bank to “liability, reputational harm or brand damage” is illegal.
Former Bank of America Employees Shortchanged On Unused Vacation Time Pay, Class Action Alleges
October 9, 2023 Bank of America faces a class action wherein a former employee claims the institution has reneged on its promise to pay workers for accrued vacation time at the end of their employment.
Bank of America, American Express Hit with Class Actions Over Allegedly Illegal Interest Rate Charges
July 31, 2023 Two proposed class action lawsuits claim Bank of America and American Express have since March 2022 unlawfully imposed excessive interest rates on cardholders.
Bank of America Charges West Virginia Borrowers Illegal ‘Pay-to-Pay’ Fees, Class Action Says
May 11, 2023 A class action lawsuit claims Bank of America has collected unlawful payment processing fees from borrowers who make monthly mortgage payments online or by phone.
Bank of America Charges Secret Inbound Wire Transfer Fees, Class Action Says [UPDATE]
May 1, 2023 A class action lawsuit claims Bank of America has concealed that it charges a $15 fee when a personal accountholder receives wired funds into their account.
Bank of America Hit with Another Class Action Over Alleged Failure to Provide Proper Car Repo Notices [UPDATE]
January 25, 2023 Pennsylvania residents have filed a class action against Bank of America over its alleged failure to provide timely notice when repossessing and reselling a consumer’s financed vehicle.
Zelle, Bank of America Hit with Class Action Over Jan. 2023 ‘Service Malfunction’
January 20, 2023 A proposed class action alleges a service malfunction on January 18, 2023 caused a number of Zelle money transfers to be unexpectedly reversed for some BoA customers.
Bank of America Reneged on Promise to Refund Overdraft, Other Account Fees During Pandemic, Class Action Alleges
February 11, 2022 Bank of America faces a class action after allegedly failing to refund punitive overdraft and insufficient funds fees despite promising to do so.
Bank of America Far Too Lax in Protecting New Jersey Unemployment Debit Cards, Class Action Alleges [UPDATE]
December 20, 2021 A proposed class action alleges Bank of America, N.A. has failed to protect prepaid debit cards containing New Jersey residents’ unemployment benefits from fraud.
Class Action Says Bank of America Saddles At-Risk Borrowers with Fees for Unnecessary Property Inspections, Insurance
November 3, 2021 A class action alleges Bank of America has used a fee-maximizing automated servicing platform to charge defaulted or at-risk-of-default borrowers for multiple, repetitive property inspections.
Class Action Alleges Bank of America Discriminates Against Iranian Customers By Restricting, Closing Accounts
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.
Bank of America Faces Another Lawsuit Over Calif. Unemployment Benefits Fraud, Account Freezes
July 22, 2021 A class action claims Bank of America failed to protect the security of debit cards issued to California unemployment benefits recipients.
Bank of America Owes Reimbursement for Work-From-Home Business Expenses, Class Action Says
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.
Calif. Homeowner Claims He was Misled About Bank of America Mortgage Deferral, Forbearance
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.
Class Action Claims Bank of America Charges Multiple Overdraft, NSF Fees for Single Checks [UPDATE]
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.
Class Action Challenges Alleged Fee-Generating Bank of America Property Inspection Practices
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.”
Bank of America Hit with Class Action Over ‘Lackadaisical’ Approach to Securing Unemployment Benefits for Californians
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.
Class Action Alleges Bank of America Tricks Accountholders into Paying Fees for ‘Free’ ACH Transfer Service [UPDATE]
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.
Class Action Claims Bank of America Illegally Failed to Fulfill Written Information Request
January 21, 2021 A class action claims Bank of America has unlawfully failed to fulfill mortgage borrowers' qualified written requests for information.
Class Action: Calif. Unemployment Recipients Allege Bank of America Failed to Prevent, Address ‘Rampant Fraud’ [UPDATE]
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.
Class Action: Bank of America Retains Cost of Unused Hazard Insurance Following Redemption of Foreclosed Homes
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.
Class Action Outlines Alleged Pervasive Mistreatment of Bank of America Mortgage Loan Borrowers
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.
North Carolina CPA Firm Sues Banks Over Alleged Refusal to Pay PPP Loan Agents
July 24, 2020 A North Carolina CPA firm claims in a class action that a group of major lenders has failed to pay those who assisted small businesses with filing for PPP loans.
Class Action: Bank of America Inaccurately Attributed Bankruptcy to Individual with Similar Name
July 20, 2020 A consumer claims Bank of America inaccurately determined and reported that he had filed for bankruptcy based on the bankruptcy filing of an individual with a similar name.
Bank of America Hit with Lawsuit in Oklahoma Over Force-Placed Flood Insurance
June 11, 2020 Bank of America faces a proposed class action over an alleged pattern and practice of force-placing flood insurance on mortgage borrowers in excess of what's required by law.
Lawsuit Claims Bank of America’s ‘Amount Due’ Credit Card Payment Option Is Intentionally Misleading [UPDATE]
June 4, 2020 A class action claims Bank of America has intentionally deceived customers into accruing credit card debt by way of offering misleading automatic payment options online.
Lawsuit Claims Bank of America, Chase, Credit Unions Refused to Pay Agents for Preparing PPP Applications [UPDATE]
May 12, 2020 A Utah accounting firm claims in a lawsuit that a stable of banks and credit unions has failed to pay agents who assisted with the filing of PPP applications.
Bank of America Faces Class Action Over Allegedly Inflated International Transaction Fees
February 27, 2020 A proposed class action lawsuit claims Bank of America charges customers a three-percent international transaction fee on fees assessed by foreign ATM operators.
Bank of America, U.S. Bank, Key Bank Hit with Lawsuit Over Alleged Refusal to Honor Bonds
February 10, 2020 A lawsuit claims Bank of America, U.S. Bank, and Key Bank falsely represented that bonds issued to the plaintiffs by Rainier Bank and Seattle-First National Bank were "worthless."
Bank of America, Royal Bank of Scotland Accused of Inflating Price of European Government Bonds [UPDATE]
March 26, 2019 Bank of America, N.A. and the company formerly known as The Royal Bank of Scotland PLC are among the defendants in a proposed class action lawsuit that alleges the banks have conspired to inflate the prices investors paid for European government bonds.
Class Action: Intercontinental Exchange, Banks Damaged Investors by Manipulating ICE LIBOR Benchmark
March 6, 2019 A proposed class action lawsuit has been filed in New York against The Intercontinental Exchange, Inc. (ICE) and a group of major banks over their alleged manipulation of ICE LIBOR since February 1, 2014.
Major Banks Accused of Fixing Prices for Fannie Mae, Freddie Mac Bonds on Secondary Market
February 27, 2019 A proposed class action lawsuit alleges a group of 17 major banks conspired to artificially raise prices of Fannie Mae and Freddie Mac bonds issued on the secondary market between January 1, 2009, and April 27, 2014.
Class Action Claims Bank of America Unlawfully Rounds Up International Transaction Fees [UPDATE]
February 6, 2019 [UPDATE] Bank of America, N.A. has been hit with a proposed class action that challenges its alleged practice of charging customers more than the contractual three-percent fee applied to international debit card transactions.
Bank of America Loan Officers Owed Unpaid Overtime, Lawsuit Alleges
December 5, 2018 A lawsuit removed to federal court in New Jersey claims Bank of America loan officers are owed unpaid overtime wages due to the bank's alleged policy of classifying the workers as exempt employees.
Class Action: Bank of America, Six Individuals Orchestrated ‘Classic Ponzi Scheme,’ Stole $102M
June 28, 2018 Bank of America joins five individual defendants in a lawsuit claiming the parties' alleged Ponzi scheme duped investors out of at least $102 million.
Lawsuit: Bank of America Unlawfully Charges Overdraft Fees for Non-Recurring Transactions
April 23, 2018 A proposed class action has been filed against Bank of America alleging the bank improperly charged overdraft fees for non-recurring transactions in violation of customers’ account agreements.
Bank of America Employees Misclassified as Exempt from Overtime Pay, Class Action Says
April 20, 2018 Bank of America, National Association is facing a proposed class action lawsuit claiming the institution misclassifies salaried employees as exempt from receiving overtime wages for the hours they work in excess of 40 each week.
Class Action Seeks to Represent Loss Mitigation Applicants Charged Vacated Property Fees by Bank of America
January 19, 2018 Bank of America and Specialized Loan Servicing face a suit claiming the companies wrongfully initiated mortgage foreclosure actions against consumers.