In re: Bank of America Credit Protection Marketing & Sales Practices Litigation

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Case overview

Case Number:

3:11-md-02269

Court:

California Northern

Nature of Suit:

Fraud or Truth-In-Lending

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Thelton E. Henderson

Firms

Companies

Sectors & Industries:

  1. July 13, 2012

    BofA Pays $20M To Settle Credit Plan Marketing MDL

    Bank of America Corp. on Thursday agreed to pay $20 million to settle multidistrict litigation in California federal court alleging it deceptively enrolled consumers in a credit protection plan for which they had to pay monthly fees without their consent, and without providing meaningful benefits.

  2. April 04, 2012

    BofA Boots Some Claims From Credit Plan Marketing MDL

    A California federal judge on Tuesday halved the contract claims brought by multidistrict litigation plaintiffs alleging Bank of America Corp. charged consumers for a credit protection plan they never consented to join, ruling an agreement did not preclude the fees.

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