BofA Inks $21M Deal With Over 1M Customers Over Wire Fees

By Gina Kim (May 24, 2024, 8:49 PM EDT) -- Bank of America customers on Friday urged a North Carolina federal judge to preliminarily approve their $21 million settlement to resolve claims the financial institution tacked $15 "junk fees" onto incoming wire transfers, saying the deal constitutes significant relief for over a million class members....

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