BofA Beats Suit Over International Call Data Security

Law360, New York (August 28, 2012, 7:04 PM EDT) -- A Washington federal judge dismissed a putative class action against Bank of America Corp. on Tuesday, finding that two customers did not have legal standing to sue the bank over its alleged failure to protect their electronic data when their calls to the bank were transferred overseas.

Named plaintiffs Jeffrey Stein and Rabindranauth Ramson brought a claim under the Right to Financial Privacy Act, alleging BofA never told them their calls were being directed out of the U.S., so they had no chance to protect their...
To view the full article, register now.