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Bank of America Mishandling of EDD Unemployment Benefit Fraud Class Action

In California, the Employment Development Department (EDD) issues unemployment insurance benefits through an exclusive agreement with Bank of America (BOA). BOA provides the EDD benefits via accounts and Visa debit cards. Unfortunately, the cards have been subject to fraud. In October 2020, BOA “froze the accounts of roughly 350,000 EDD cardholders.” The bank also reversed  Read more

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Bank of America EDD Funds Fraud and Lack of Response Class Action

In the “economic devastation” of the Covid-19 pandemic, millions of people are relying on unemployment and similar government benefits to provide money for basic living expenses. California’s Economic Development Department (EDD) has chosen to have its unemployment benefits distributed in the form of a prepaid debit card, issued by Bank of America, NA. The complaint  Read more

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Bank of America Inattention to Fraud on EDD Accounts Class Action

California does not pay unemployment benefits directly. Instead, its Employment Development Department (EDD) has an exclusive contract with Bank of America, NA, which issues the benefits in the form of pre-paid debit cards. Unfortunately, criminals have stealing the benefits from these cards. The complaint for this class action alleges Bank of America is responsible for  Read more

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For Your Entertainment “Free” Membership and Magazine Offers Class Action

Trans World Entertainment Corporation runs For Your Entertainment (FYE), which sells entertainment, video, and music products; Synapse Group, Inc. is a magazine marketer. The complaint for this class action claims that the two companies partnered to charge consumers for memberships and magazine subscriptions that they had not agreed to purchase.  Read more

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