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Taylor et al v. Bank of America Corporation et al
Case Number:
5:24-cv-00560
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
28:1331 Fed. Question: Breach of Contract
Judge:
Firms
Companies
Sectors & Industries:
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March 06, 2025
Veterans Slam BofA's 'Recycled' Defense In Interest Cap Suit
Veterans have opposed Bank of America's bid to toss their proposed class claims accusing the financial giant of violating an interest cap law for military service members, arguing its "recycled" defenses were already rejected in a similar suit in the same North Carolina federal court.
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January 14, 2025
BofA Says Military Interest Law, Not Bank, To Blame In Suit
Bank of America has hit back at a class action suit accusing the financial giant of violating an interest cap law for military service members, arguing that the suit fails to allege any actual violations of the law and that Congress considered and decided against the interest rate requirement that the plaintiffs seek to impose.