August 16, 2018
A class of Bank of America NA customers won final approval Thursday for their $1.8 million Fair Credit Reporting Act settlement over allegedly unauthorized soft credit report inquiries, with a California federal judge saying that though it offered a small $4 payout per class member, the deal was fair.
July 10, 2017
A California federal judge signed off Friday on a $1.645 million settlement between Bank of America NA and more than half a million former customers over alleged Fair Credit Reporting Act violations stemming from unauthorized soft credit report inquiries.