BofA Hit With Class Action Over 2012 Data Breach

Law360, New York (April 9, 2014, 12:32 PM EDT) -- Bank of America Corp. was hit with a putative class action in California court Tuesday alleging the company is liable for identity theft and fraud for allowing customers' personally identifiable information to be stolen in a 2012 data breach.

Lead plaintiff Andrew King alleges that Bank of America's negligence in disclosing his and numerous other customers’ personal information to third parties in March and April 2012 lead to the compromising of his credit report, debit cards and personal information, according to the complaint.

"The compromising of plaintiff’s name, address, Social Security number, phone number, account numbers, account balances, driver's license number,...

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