California Supreme Court
Apr. 9, 2009
State Justices Appear to Lean Toward BofA in Giant Class Action
Upholding a $1 billion dollar class action against Bank of America could do more harm than good, several California Supreme Court justices suggested at a hearing Tuesday.
Daily Journal Staff Writer LOS ANGELES - While hearing a giant class action lawsuit against Bank of America Corp. over how it charges bank fees, several California Supreme Court justices suggested Tuesday that upholding a $1 billion dollar verdict against the bank could do more harm than good to the elderly and disabled customers bringing the suit. The justices seemed to agree with the bank and the U.S. Department of Justice at oral...
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