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Arnett et al v. Bank of America N.A. et al
Case Number:
3:11-cv-01372
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Berger Montague
- Goodwin Procter
- Markun Zusman
- Nichols Kaster
- Shapiro Haber
- Stoll Berne
- Taus Cebulash
Companies
Sectors & Industries:
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September 19, 2014
BofA Gets Nod On $31M Flood Insurance Class Settlement
An Oregon federal judge gave final approval on Thursday to a $31 million settlement resolving seven proposed class actions alleging Bank of America NA illegally forced homeowners to buy excessive amounts of flood insurance, overruling objections that a 25 percent class counsel fee is too high.
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April 21, 2014
BofA To Pay $31M To Settle Force-Placed Insurance Suit
Bank of America NA has agreed to pay $31 million to settle a putative class action alleging the bank illegally forced homeowners to buy excessive amounts of flood insurance, according to a Monday ruling in Oregon federal court.