Comment on BofA to pay $410 million in overdraft fee case

BofA to pay $410 million in overdraft fee case

(The Associated Press) Bank of America has agreed to pay $410 million to settle a federal lawsuit alleging the bank charged excessive overdraft fees.The suit is one of several filed against several banks from plaintiffs in 14 states, which were consolidated in a federal court in Florida. Other banks named in related suits include Wells Fargo and Citibank.

 

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