August 26, 2021
Bank of America told a New Jersey federal court that it should toss a minority-owned organization's second try at claiming the bank acted with racial bias when it refused to let it distribute federal pandemic relief loans, saying the new complaint fails for the same reasons as the organization's first suit.
August 05, 2021
A few months after wiping away similar claims, Bank of America NA is back in New Jersey federal court over allegations that the financial giant acted with racial bias in refusing to support minority-owned organizations in their distribution of loans under a federal business assistance program amid the coronavirus outbreak.