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JUDGE MULLING OVER 410 MILLION SETTLEMENT IN BANK OF AMERICA OVERDRAFT LAWSUIT

November 7, 2011

MIAMI — A federal judge in Miami is considering whether to finalize a $410 million settlement in a lawsuit claiming Bank of America charged excessive overdraft fees. The hearing Monday is to consider any objections or other issues related to the deal originally reached in May. The class-action lawsuit contends that Charlotte, N.C.-based Bank of America processed its debit card and check payments ...



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