customers Bank of America A settlement reached after a class action lawsuit in Florida may result in compensation of up to $500 dollars. Here we provide you with all the necessary details.
Why was Bank of America sued?
The banking institution faced a class action lawsuit alleging violations of the Florida Consumer Collection Practices Act (FCCPA). Bank of America was accused of violating the FCCPA by sending late-night debt collection messages to account holders. This law prohibits contacting the borrower between 9:00 pm and 8:00 am in their time zone without their prior consent.
Bank of America, while not admitting wrongdoing, agreed to pay $500,000 to settle the claims filed.
Who is eligible for compensation?
Florida residents who received messages, calls or any other form of communication from Bank of America between 9:00 PM and 8:00 AM in their local time zone beginning April 22, 2020 may be eligible.
How to claim compensation
Eligible customers must submit a valid claim form by January 26, 2024 to receive payment. The form is there Here.
Importantly, exact fees vary depending on the number of claims filed, but class members can receive up to $500. If you meet the requirements, feel free to submit your request before the specified deadline.
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