BofA Bid To Oust Flood Insurance Lead Plaintiffs Denied

Law360, New York (March 21, 2013, 6:55 PM EDT) -- A Massachusetts federal judge on Thursday blocked a bid by Bank of America NA to challenge the standing of the named plaintiffs in a putative nationwide class action accusing the bank of forcing excessive hazard and flood insurance on mortgage holders.

U.S. District Judge Nathaniel M. Gorton rejected arguments by BofA that the plaintiffs — Buzzards Bay, Mass., couple Alice and Lee Berger — lacked standing to pursue the action because the bank had already cut them a check repaying them for the amount of the...
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