BofA Strikes Historic $32M Settlement To End TCPA Action

Law360, New York (September 2, 2014, 5:42 PM EDT) -- A California federal judge has approved a $32 million settlement resolving a class action alleging Bank of America Corp. violated the Telephone Consumer Protection Act, an amount the parties claim is the largest recovery ever obtained in a finalized TCPA settlement, according to an order filed Friday approving the deal.

U.S. District Judge Edward J. Davila's approval of the settlement resolves claims that Bank of America and FIA Card Services NA violated the TCPA through the use of automatic telephone dialing systems and/or an artificial or prerecorded voice without obtaining prior express consent from the individuals contacted. However Judge Davila awarded...

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