December 12, 2023
Bank of America NA customers accusing the bank of failing to sufficiently safeguard against fraudulent activity on prepaid debit cards used for pandemic related unemployment benefits urged a New Jersey federal court not to toss their suit, arguing they have shown their claims are not time-barred.
July 27, 2023
A New Jersey federal judge threw out a proposed class action accusing Bank of America NA of failing to properly safeguard its customers against fraudulent activity on the prepaid debit cards used to access COVID-19 unemployment benefits, stating Thursday that the suit failed to plausibly point to the bank's negligence.
May 10, 2022
Bank of America has urged a New Jersey federal court to erase a proposed class action alleging it failed to provide adequate fraud protections for COVID-19 pandemic job loss benefits, saying most of the allegations were copied "nearly verbatim" from a California federal lawsuit in multidistrict litigation against the financial giant.
December 17, 2021
Bank of America was hit with a proposed class action Friday, alleging it failed to apply proper fraud protections to debit cards issued to those who received COVID-19 pandemic job loss benefits from the state of New Jersey, resulting in unauthorized charges on the accounts and other scams.