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Bank Of America Corp To Pay $410 Million To Settle Lawsuits

By Bashian & Papantoniou
February 08, 2011

Bank of America Corp to pay $410 million to settle  lawsuits  accusing it of charging customers with excessive overdraft fees, court documents show. The largest U.S. bank by assets is among the more than two dozen U.S., Canadian and European lenders named as defendants in the class-action litigation, which in 2009 consolidated lawsuits filed across the country.  Read More
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