Kaliel PLLC Files Class Action Complaint Against Bank of America

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Class Action Complaint: Bank of America Unilaterally Imposes Maintenance Fees on Consumers Who Signed Up For Free Checking Accounts

A Colorado consumer filed suit in the U.S. District Court for the District of Colorado on October 3, 2018, alleging that Bank of America unilaterally and improperly altered the essential terms of the agreement between itself and thousands of other accountholders when it automatically enrolled eBanking checking accountholders into Core Checking Accounts, which cost $12 per month, or $144 per year. The case is Flores v. Bank of America, N.A. Case No. 1:18-cv-02527-WJM.

Like thousands of other consumers, according to the Complaint, Plaintiff Victoria Flores signed up for a Bank of America eBanking checking account believing it to be free. For several years, Plaintiff Flores enjoyed the benefits of the free account until Bank of America unilaterally closed her eBanking account, and all other eBanking accounts, and defaulted her into a Core Checking Account that costs $12 per month.

The Complaint alleges that Bank of America’s “rollout” of the Core Checking Accounts was designed to trap low-income consumers into paying monthly fees. Plaintiff brings her Complaint on behalf of herself and all other eBanking checking account holders in the United States who were placed in a Core Checking Account and charged a monthly maintenance fee.

The Complaint includes claims against Bank of America for breach of contract, breach of the covenant of good faith and fair dealing, the Colorado Consumer Protection Act, conversion, and unjust enrichment.

Plaintiff seeks both an injunction and a refund of the monthly service charges paid by consumers who were charged for Core Checking Accounts prior to receiving appropriate notice and choice.

Contact: Jeffrey Kaliel
Kaliel PLLC
1875 Connecticut Ave., 10th Floor
Washington, D.C. 20009
(202) 350-4783

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Sophia Goren Gold
Kaliel PLLC
+1 (202) 350-4783 Ext: 102
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