January 05, 2018
The federal government reached a $5 million deal with Bank of America Corp. that settles a False Claims Act lawsuit alleging the financial giant and its affiliates used improper foreclosure-related practices, according to a joint stipulation for dismissal filed Friday in Florida federal court.
January 03, 2018
A Florida federal judge ruled Wednesday that the U.S. government can intervene in a False Claims Act suit accusing Bank of America Corp. and affiliates of improper foreclosure-related practices, as part of a tentative agreement to resolve the remainder of the case.
December 21, 2017
The U.S. government told a Florida federal court on Thursday that it wants to intervene in a False Claims Act suit accusing Bank of America Corp. and affiliates of improper foreclosure-related practices, saying that it and the parties involved have reached a tentative agreement to resolve the remainder of the case.
June 15, 2017
The U.S. Department of Justice has weighed in on a False Claims Act suit that accuses Bank of America Corp. and affiliates of improper foreclosure-related practices, telling a Florida federal court Thursday that the bank shouldn't be allowed to hide behind the terms of the National Mortgage Settlement to dodge the suit.
April 28, 2017
A Florida federal judge changed her mind Thursday and tossed most of a whistleblower suit claiming Bank of America Corp. dodged up to $10 billion in fines by falsely promising the U.S. government that the bank would change its foreclosure practices.