Monday, October 14, 2013

Bank of America Continues to Pays Big

This year alone Bank of America has taken major hits. Consumer lawsuits the Big Bank was ordered to pay. Hit with multi million dollar discrimination law suits among others.

"  By Dena Aubin    ROBO CALL HARASSMENT 
NEW YORK, Sept 30 (Reuters) - Bank of America has agreed to pay $32 million to settle charges that it made harassing debt collection calls to customers' cell phones, in what is believed to be the largest cash payout ever under a 1991 law meant to protect consumers from unwanted calls.
The settlement will resolve multiple proposed class action lawsuits filed on behalf of 7.7 million of the bank's credit card and mortgage loan customers, according to court documents."

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