Phoenix Business Journal: “BofA to pay $108M settlement. Bank of America Corp. will pay $108 million to settle Federal Trade Commission allegations that the former Countrywide Financial Corp. collected excessive fees from cash-strapped homeowners.”
Kansascity.com: “Lawsuits alleging Bank of America’s failure to pay overtime. Nationwide lawsuits alleging that Bank of America has failed to pay more than $100 million in overtime and other employee wages are being consolidated in Kansas City, Kan. The action in U.S. District Court coordinates at least a dozen lawsuits that potentially represent 180,000 tellers and other employees of the banking giant’s branches and call centers around the country.”
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