Tycko & Zavareei attorneys work hard to hold banks and credit unions accountable to treat their customers fairly and lawfully. Over the years, we have recovered hundreds of millions of dollars for consumers in our lawsuits over their various deceptive and unfair practices involving overdraft fees, insufficient funds fees, and other undisclosed and unfair fees.
Many consumers have complained that Bank of America (BofA) has opened accounts for them without their authorization or knowledge. Our investigation has uncovered that BofA tries to enroll consumers in as many banking products as possible. These banking products, which include savings accounts, checking accounts, credit cards and debit cards, and other similar banking products are opened on behalf of consumers in order to meet the banking needs of the customers. However, in order to maximize profits, BofA routinely opens consumer accounts for products without the consumer’s authorization or knowledge. Then, when customers fail to maintain mandatory account balances or pay fees for these new accounts that the customer did not know existed, BofA charges the consumer penalties and/or other fees.
Has this happened to you? If so, please complete the brief intake form below, and an attorney may call you to conduct a free consultation.
The results achieved on behalf of one client in one matter does not necessarily indicate that similar results can be obtained for other clients.
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