Bank of America is being sued in California Federal Court for unfair accounting practices that show customers have over-drawn their accounts and wrongly assessing overdraft fees on those accounts.
These suit are becoming more common. Is it growing consumer distrust of banks or banks desperate to make money and way they can given their tremendous debt loads? Or both?
Complaint courtesy Courthousenews
Tags: Bank of America, class actions, Lawsuits, unfair business practices
Reading Tea Leaves by Randy Wilson 
December 26, 2008 at 4:04 pm |
[…] This suit is similar to the one filed against Bank of America earlier this month I mentioned in this post. […]
January 15, 2009 at 5:47 am |
[…] This is the third of these class actions filed against large retail banks. First, I posted about Bank of America and last month it was Wells Fargo and now its Wachovia. Basically, its concerns how the bank […]