The Bank of America is one of the largest banking institutions headquartered in North Carolina, United States. The Bank has reached a settlement in a lawsuit overextended overdraft fees. If you have violated the National Bank Act’s usury limit the Lawsuit would be applied. When you access the extended overdraft charges in a negative way there would be a $35 fee. However, any fraud actions are denied by the bank. The bank agrees to pay a 6.6 million dollar in order to avoid a legal case.
If a checking account holder in the Bank of America has incurred more than one or a $35 extended overdrawn balance fee in association with the bank in between February 25, 2014, and December 30, 2017. You would be entitled to gain benefits from the proposed settlement action by the EOBC.
EOBCSettlement.com Additional Information
- The U.S District Court has been handling the case for the Southern District of California. The review list as case number is mentioned as 3:16cv-00492-L-WVG.
- The objections are owing by 4/20/18.
- If you are a class member willing to get out of the EOBC Bank of America Fees Lawsuit must perform the required action before 4.20/2018.
- The Bank has appointed Matthew C. Close from the legal firm of O’ Melveny & Myers LLP.
- Hassan, Zavareei, Jeff Ostrow, Bryan, Gowdy, John R. Hargrove and Cristina Pierson would be the Class Members.
If you are a class member currently holding a Bank of America Account you will be receiving the settlement payment deposited into your account. In case you do not possess a bank account in the Bank of America your payment will be sent through the mail.
If you have queries regarded to the EOBC class actions settlement you can get in touch with the support team by calling at 1-888-396-9598. The customer can also send a mail at the following address:
EOBC Litigationc/o Epiq, P.O. Box 3170, Portland, OR 97208
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