Bank of America Settles Class Action Over ATM Fee Dispute for $2.25M
Bank of America agreed to pay $2.25 million to settle a class-action lawsuit over alleged duplicate out-of-network fees charged at ATMs inside 7-Eleven stores operated by FCTI, Inc., from May 1, 2018, through November 16, 2021. The bank cited the desire to avoid litigation costs and risks as its reason for settling without admitting liability.
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Topics: ATM Fees Banking Legal Settlements