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Guerrero et al v. Bank of America N.A.
Case Number:
3:21-cv-00333
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 07, 2023
Judge Says BofA Foreign Exchange Rate Suit Should Proceed
Bank of America NA shouldn't be allowed to escape a proposed class action alleging certain cardholders were charged worse than average exchange rates on transactions in foreign currencies, a North Carolina federal magistrate judge has determined.
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March 30, 2023
NC Judge Clips Claims In BofA Cardholders' Forex Rate Suit
A North Carolina federal judge on Thursday pared back a proposed class action against Bank of America N.A. challenging the foreign exchange rates applied to purchases on their debit and credit cards, finding cardholders made a plausible showing that the bank broke their customer agreements and unjustly enriched itself in the process.
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July 19, 2022
BofA Asks NC Judge To Nix Cardholders' Forex Rate Suit
Bank of America N.A. has urged a North Carolina federal judge to throw out a proposed class action challenging foreign exchange rates applied to payment card purchases, saying a magistrate judge should have gone a step further when he dismissed all but two of the cardholders' claims.