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REPUBLIC GROUP, LLC et al v. BANK OF AMERICA, NA et al
Case Number:
2:20-cv-12081
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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February 01, 2021
BofA Escapes Discrimination Suit Over PPP Funds For Now
Bank of America NA and its wealth management division Merrill Lynch & Co. Inc. on Monday escaped a lawsuit for now over their shutdown of an account holding federal coronavirus relief funds, with a federal judge ruling that the account controllers didn't back up their claims that the closures were fueled by racism.
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November 10, 2020
BofA Wants Discrimination Suit Over $100M In PPP Funds Cut
Bank of America on Monday asked a New Jersey federal judge to toss a lawsuit that claims the bank discriminated against minorities and women when it closed accounts holding $100 million in federal Paycheck Protection Program funds, saying it did so because of unauthorized lending out of a deposit account.