BofA Removes APR Action To Federal Court

Law360, New York (January 10, 2012, 8:34 PM EST) -- Bank of America NA on Tuesday removed from a Washington state court to federal court a putative class action brought on behalf of the bank's customers accusing it of fraudulently increasing their annual interest rates.

The case was filed in September by Trina Search, claiming the bank violated federal and state breach of contract, fraud and business laws, among others. She entered into a cardholder agreement with Bank of America in September 2007, under which her account was subject to an annual percentage rate of 16.24...
To view the full article, register now.




Case Information

Case Title

Search v. Bank of America N.A.

Case Number



Washington Western

Nature of Suit

Contract: Other


Thomas S. Zilly

Date Filed

January 9, 2012

Law Firms


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.