let me know if I can join this lawsuit. It just got reopened and there is no expected date on when the investigation will be finalized. A month later and nothing is resolved. I had to refax again today. Hes arguing negligence and breaches of contract, among other things, after his Bank of America unemployment account was hacked and drained of all its money last year. I have had excessive overdrafts and missing payroll deposits since may 2020 indentity theft fradulently closed my account with money couldnt access the money still being deposited and unable to access my hsa money to pay my medical bills please contact mr asap Thank you. I called customer service who referred me to 9 different departments. 420.00 was taken from my account in January almost 5 months something needs to be done b of a is steeling money from how many people. I dont know if the money is still in account because no one can see the account since it was closed. "It absolutely feels like we are being treated like second-class citizens.". Basically similar to everything everyones saying our 4 person eddBofA cardholders have been through! Same thing is happening to me for months now. #3 Bank of America Class Action Lawsuit and Settlement News I called Bank of America fraud hotline to file a claim immediately that same day. I checked my deposit and it showed that there was a deposit on March 29 and then I checked my last 10 transactions and before the gas station was a $440 with drawl from a Bank of America located in Vista California which is 30 minutes from me. Get class action lawsuit news sent to your inbox sign up for ClassAction.orgs free weekly newsletterhere. expected to be mailed out. The next day we got a new card so my husband went to BofA and gave them 3 identifying docs. Class Action Lawsuit Against Bank of America EDD; Bank of America - M & B Law Firm - Debt Collection; I used my card from bank of america at a store the big 5 came home the next day 3,000 was gone left with 4.25 cents that quick add my name to this lawsuit I still havent gotten my money back its sad Bank of America needs to be investigated add my name to this lawsuit, Add me. Contact the law firm representing the case to join. I am currently trying to recover $1,880 that B of A refuses to put back on my account until their investigation is complete. Weve been hung up on. Get browser notifications for breaking news, live events, and exclusive reporting. I had deposit of 19030 into my account then my statement said 19015 was spent but thats not true I can prove with all my transactions that only 15000 was spent and bank of America says they dont know where my money is and nothing they can do about it. One opinion on the widespread fraud is that Bank of America could have prevented it if it had used the current best security standards and issued the cards with EMV chips, rather than using what the complaint calls outdated, fraud-prone magnetic stripe technology. The bank uses EMV chips in its own debit cards, calling it an important tool in increasing card security., According to the complaint, Bank of America has violated California laws and Regulation E of the Electronic Funds Transfer Act; has negligently failed to warn EDD cardholders about the risks associated with its EDD cards and accounts; and has negligently performed its contract with the California EDD, among other violations of law.. "Bank of America should have known this was coming, they did not provide basic security measures. This is to follow up on my post on March 24, 2021. In our case this is Disability payments from EDD. Asked the rep if she could give me an update as to when $1,256.00 would be credited back to my account and she said that that dept is closed but to call back on Monday. I am glad this has been brought to the surface. If you have questions about the Bank of America debit card . TELL EVERYONE YOU KNOW DO NOT SLIDE CARDS WITHOUT INSPECTING ITS SURROUNDINGS a camera in a liquor store can pick up your pin entered and or a false front is inserted over reader copies your strip, #2 I had to get my congressmans office involved. that reports on class action lawsuits, class action settlements, I have a Bank of America Unemployment Benefit Card. But they closed the claim before they ever received the ID picture. My card got declined and I tried again with the same outcome, only to check my account and see it almost completely drained. The class-action lawsuit will next focus on the root cause of the massive card hacking and whether Bank of America blundered by not using state-of-the-art chips on the debit cards. All About Bank of America Lawsuits - FairShake How to File a Bank of America Class Action Lawsuit They said no. 2023 CBS Broadcasting Inc. All Rights Reserved. California's Fiasco - Additional EDD Benefits for Some, Investigations Supervisor picks up the phone and hangs up on me after I had been screamed at for 2 hours. I tried activating it but the rep instead activated the frozen account. They wont allow emails or anything in color! my ui account was hacked forr $440 back in september i called and submitted a claim waited a week for a new card and when i received the new card i set up a new pin and noticed it had $20 on it, hmmm. I keep getting the run around when ever I talk to customer service. Another class-action lawsuit involving Zelle filed in Charlotte I called B of A back and said I have never been able to take more than $500 out in a day as it exceeds my maximum daily limit so how could aa thief? A new card came the next day, which I thought was really weird. More information on the agreement can be found in an update on this page. So I had to call back again. SAN FRANCISCO (CBS SF) -- A class action suit has been filed against Bank of America for its role in the widespread fraud involving California Employment Development Department (EDD). And when I went to the gas station to pump gas I noticed I couldnt pump more than $25 I didnt check my account before I pumped gas because I assumed my money was in there. She said that there was a couple of items on my account that needed my verification and that I was all set to use my debit card that I can withdraw money from the counter. Back in October when I went to use my card I had a negative -$1,300 balance.!!! OMG and keep following up said they closed my case as stands. I want to be protected like the rest of their customers. Ive been waiting for MONTHS for my money to be returned. To the tune of seven grand. But no clue if BofA will help me. Customers file class-action lawsuit against Bank of America involving The representative today stated that they now have 45 days to decide whether or not to issue the creditits all a scam, meanwhile we are making arrangements and accruing fees. EDD Changes Unemployment Payment Policy Following Lawsuit i said that isnt possible I am holding my card and was sleeping and only I know my pin. to resolve my Closed Claim of $2,803 stolen funds. Next day I receive the new card and I am not able to activate it. My claim has been denied several times even though the ATM charges were from the UK! They couldnt have done that they still need my Pin#. I checked my balance right away and my money was wiped out two withdraw made one of $900 made on Monday and $600 on Tuesday the same day I went to buy groceries. Espaol; International News. EDD unemployment policy changed due to recent lawsuit. I recieved my new card and tried to activate it but the whole account is now closed. They froze my account several times after trying to purchase items from Walmart. It make me wanna go on a rampage, kick and punch the wall. Bank of America EDD Funds Fraud and Lack of Response Complaint, Unauthorized Credit or Debit Card Charges. Patricia booth.p1989@yahoo.com, Please add my information as well I have approved claims yet to be deposited its been 2 months, Please send me information on how I may join this law suit. Thank you so much. I was confused and wondering why this is happening how come out of 10 people total that Ive talked to no one can understand this issue that Im going through all the years the Bank of America has been in service and no one knows whats going on and tells me that everything is fine. The agents literally have been rude and downright mean. Same happened yesterday they got me for$1600.00i. Because they are allowing it, and not doing nothing about it. The lawsuit alleges that widespread fraud affecting EDD debit cards as thousands of Californians were out of work during the coronavirus pandemic was rooted in Bank of America's failure to properly secure the debit cards with an "EMV" chip. Im sorry to bother you, but did you ever get the Bank of America card un frozen? Ok. Wow.. Every time I hear that name Bank of America. But I call Monday April 5th told I would have provisional credits by today the 7th and now they said my claim was closed April 2nd. SAN FRANCISCO (KGO) -- 7 On Your Side has been helping scores of unemployed workers whose benefits were drained by scammers - and Bank of America rejected their claims to be reimbursed for the fraud. By Jonathan Stempel. When I called the bank about the letter they gave me this catch-22 situation in that my account was frozen therefore they couldnt do any investigation . "When I heard others losing $4,000, $7000, I thought, 'What's the recourse these people will have?' com if you need help with any broker. Edd now sends paapwr checks but I cannot get anywhere with BOA. BofA is stealing my money and will not give it back. The injustice that Bank of America has committed to Californians is unreal. Had 10 days to send back yada yada. My accounts were all hacked and the bank treated me like I was the criminal that did it. Mosson is seeking to form a class of members whove had or currently have a Bank of America unemployment benefits account. Bank of America (BoA)'s newest racially discriminatory program provides a casebook study in what "equity" is really about - racial discrimination perpetrated by billionaires against poor . KPIX 5 first exposed how hackers took advantage of people in need. Please download the PDF to view it: Download PDF. The lawsuit claims Bank of America failed to follow industry security standards and issued "outdated, fraud . The order requires Bank of America to provide some urgently needed relief to Class Members who were frozen out of their accounts after the bank failed to protect them from fraud. i hate B of A. And when I asked about when was the call made about the fudge name reports or the name of person who called in you guys can give me no f****** answer you know why they couldnt give me no f****** answer because I am the f****** primary holder of my f****** account.