Bank of America (BAC.N) on Tuesday agreed to pay $250 million in fines and compensation to settle claims the bank systematically double-charged customers fees, withheld promised credit card perks, and opened accounts without customer authorization.
Bank of America agreed to pay $100 million in restitution to harmed consumers and another $150 million in civil penalties after…
This story from reuters.com was posted on 2023-07-11 by @earthed.