Tuesday, November 8, 2011

More Bank of America

A federal judge on Monday gave final approval to a $410 million settlement in a class-action lawsuit affecting more than 13 million  Bank of America customers who had debit card overdrafts during the past decade.

B of A reportedly raked in about $4.5 billion through $35 each overdraft fees and is repaying about 10%.  Nice return huh??  Talk about a slap on the hand!!!

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