Refusal to Reimburse Fraudulent Transactions

Bank of America California Unemployment Benefit Card Fraud Class Action

During the Covid-19 pandemic, many more people have relied on unemployment benefits. In California, these are handled by the Employment Development Department (EDD); Bank of America, NA (BOA) distributes the funds. However, this complaint alleges that BOA “is either unwilling or unable to stop criminals” from stealing unemployment funds from accounts. It also appears to  Read more

TD Bank Says Fraudulent Transactions Were Authorized Class Action

When a person perpetrates a fraud on a bank account, what is the limit of liability for the account holder? The complaint for this class action alleges that TD Bank, NA’s refusal to count a transaction as fraudulent violates both the Electronic Funds Transfer Act (EFTA) and the bank’s own agreements.  Read more

Huntington National Bank Refuses to Reimburse for Fraudulent Checks Class Action

The Uniform Commercial Code (UCC) orders that banks may only pay items, such as checks, that are properly payable from customer accounts. The complaint for this class action, however, alleges that the Huntington National Bank refused to provide the protection mandated by the UCC to one of its customers, Majestic Building Maintenance. Why? Because the  Read more