California Supreme Court
Apr. 8, 2009
State Justices To Hear Case On Bank Fees
Amid public outrage over irresponsible bank practices that prompted huge government bailouts, the California Supreme Court will soon decide the fate of a $1-billion-plus consumer class action judgment looming over Bank of America.
Daily Journal Staff Writer SAN FRANCISCO - Amid public outrage over irresponsible bank practices that prompted huge government bailouts, the California Supreme Court will soon decide the fate of a $1-billion-plus consumer class action judgment over how Bank of America charges bank fees. At this morning's oral argument, the bank will have a powerful ally on its side - the U.S. Justice Department - which maintains that the bank has do...
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