Bank of America must pay as much as $1.75 billion to its customers for taking their Social Security funds to pay for overdraft checks and other bank charges, a San Francisco jury concluded Wednesday. In addition to an award of $75 million to the nearly 1.1 million California customers affected, the jury awarded special statutory damages of $1,000 to each class member who suffered substantial emotional or economic damage.
March 01, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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