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Taylor et al v. Bank of America Corporation et al

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Case Number:

5:24-cv-00560

Court:

North Carolina Eastern

Nature of Suit:

Banks and Banking

Multi Party Litigation:

Class Action

Judge:

Richard E. Myers, II

Firms

Companies

Sectors & Industries:

  1. March 04, 2026

    Veterans Fight BofA Interest Suit Dismissal Recommendation

    Three veterans told a North Carolina federal court Tuesday that a magistrate judge was wrong to recommend tossing their proposed class action accusing Bank of America of violating an interest cap law for military service members, arguing their claims under the Servicemembers Civil Relief Act are unambiguous.

  2. February 18, 2026

    BofA Military Interest Cap Suit Should Be Tossed, Judge Says

    A North Carolina federal judge has recommended tossing a proposed class action accusing Bank of America of violating an interest cap law for military service members, saying the veteran plaintiffs have failed to allege any actual violations of federal or state law.

  3. March 06, 2025

    Veterans Slam BofA's 'Recycled' Defense In Interest Cap Suit

    Veterans have opposed Bank of America's bid to toss their proposed class claims accusing the financial giant of violating an interest cap law for military service members, arguing its "recycled" defenses were already rejected in a similar suit in the same North Carolina federal court.

  4. January 14, 2025

    BofA Says Military Interest Law, Not Bank, To Blame In Suit

    Bank of America has hit back at a class action suit accusing the financial giant of violating an interest cap law for military service members, arguing that the suit fails to allege any actual violations of the law and that Congress considered and decided against the interest rate requirement that the plaintiffs seek to impose.