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BofA Knocks Out State Law Claims In Zelle Fraud Class Action

By Katryna Perera ( August 19, 2025, 8:26 PM EDT) -- A North Carolina federal judge partially sustained Bank of America's objections to a magistrate judge's recommendation allowing a proposed class action over alleged fraud on the peer-to-peer payment service Zelle to proceed, finding that the suit fails to plausibly plead claims under any of the asserted state consumer protection statutes....

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