Calif. Court Tosses BofA Credit Card Bias Action

Law360, New York (December 9, 2009, 6:24 PM EST) -- A California appeals court has upheld the dismissal of a putative class action alleging several companies, including Bank of America NA, discriminated against consumers by requiring U.S. citizens to provide Social Security numbers to obtain credit cards while imposing no such requisite on foreign nationals.

The California Court of Appeal, Fourth Appellate District, on Monday affirmed a lower court judgment in favor of Bank of America, Mexicana Airlines and Visa International SA.

Because Bank of America’s credit card program merely applied federally imposed minimum identification standards...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.