Apr 4, 05:10 PM

Bank of America to Face Lawsuit Over COVID-19 Overdraft Fee Refunds

Bank of America is required to face a lawsuit over claims it failed to honor a commitment to refund overdraft fees to customers who were financially impacted by the COVID-19 pandemic. The lawsuit alleges that the bank reneged on promises made to provide financial relief through its 'Client Assistance Program'. A federal judge has ruled that the customers' allegations that the bank misled them via its website and mobile app are plausible, allowing the case to proceed in federal court.

#Bank of America #Client Assistance Program

Written with ChatGPT (GPT-4).