BofA Escapes Consumer Suit Over Unauthorized Fees

Law360, New York (February 3, 2012, 8:08 PM EST) -- A California federal judge on Wednesday nixed a putative class action accusing Bank of America Corp. and affiliate Intersections Insurance Services Inc. of taking money out of customer bank accounts to pay for insurance policies for which they had never signed up.

In granting the defendants’ separate motions to dismiss the suit with prejudice, U.S. District Judge Manuel L. Real found that each claim in the plaintiffs’ first amended complaint alleging state consumer protection law violations, invasion of privacy, fraudulent concealment and negligence failed to state...
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