class action lawsuit against bank of america edd
They buy the magnetic card copier off of Amazon it even comes with like 20 blank plastic cards with blank writable magnetic strips on them ! i said great my funds have been restored? This isnt free money. First of all its not their duty to check everyones unemployment that is up to the unemployment commission. So all thru Christmas I falsely accused 2 of my sons of possibly robbing me. In November 2020, I had my BofA EDD prepaid debit card account hacked by people overseas. Just last week, a separate class action lawsuit with similar claims was filed against Bank of America. It also notes that, even though the bank has removed the freeze it put on accounts with reports of fraud, it has not taken any action to reimburse the stolen funds. Then I told her that was wrong and she inactivated it, plus for some reason the other card was inactivated too. Thank you very much. I suffer from severe anxiety anyway and this situation has intensified it a hundredfold. Have a question for Michael and the 7 On Your Side team? This field is for validation purposes and should be left unchanged. This is ridiculousI need my money in a bad way and BOFA nor EDD seems to care at all. They closed the initial claim the day that they froze my account so I suppose they closed it the same day that they opened it when I reported the fraud. Class Action Lawsuit Against Bank of America EDD; Bank of America - M & B Law Firm - Debt Collection; Electronic Funds Transfer Act California Business and Professions Code California Consumer Privacy Act, New to ClassAction.org? That happened that happened to me as well. Do you know how many times they left me with no gas sitting across the street trying to think of a way to get gas to go home in my f****** work truck you know how f****** embarrassing that is. I found out about fraud on my card and called to cancel it in the amount of 7800 dollars and they reassured me it was closed but they never did and more money was taken out the next day. "Bank of America should allow people to have their claims heard. I called B of A and started a claim and they told me its going to take 45 days to get this reviewed and investigated. Bank of America says it will not comment on pending litigation. About Mary Alexander . I was introduced to < (CryptoMundia) at Yahooocom] they took legal actions against them and they helped me retrieve my funds couldnt be more thankful. I had made a transfer from my BofA EDD account to my other bank account. Thank you. Someone was able to get access to my payment right when I received it so the money wasnt even there by the time I even checked. I know most of the ones leaving comments here are not even close to being done with what they have to said or what they had gone through. One employee I got on the line was impossible to ubderstand! document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); Please note: Top Class Actions is not a settlement The Operator and I were looking at my Bank of America about my statement and I saw that there was unauthorized purchases that were still pending. In November 2020 someone hacked my unemployment account and stole my money and Bank of America froze my account as well and it took until March 2021 for them to unfreeze my card and they returned the money back to unemployment and I still have not been paid. Bank of America exposed unemployed California workers to fraud and suspended jobless payments after the banking behemoth failed to properly safeguard their benefits accounts, a federal. She said they have skimmer machines that work around their system and they can get around the daily limit. Contact the law firm representing the case to join. I have faxed over ic3.gov paperwork I filed and my identification verification documents and still nothing I would like to join a class action as well. "We believe that the damages in this case are in the tens or hundreds of millions of dollars because there are so many victims," said Danitz. I shouldnt have reported the fraudulent transaction and jus took a be$400 loss cuz my account would have still act. I dont know whether to send in my EDD claim for benefits because now I have no active account. So I called again to verify my identity, so whatever freeze could be removed. Currently having the same issue They froze my card and asked me to write up a statement of events to file a fraud claim & fax it to them. Please add my name to your lawsuit. Their agreement states that they will put the money back on within 10 days and that the investigation will take up to 45 days of which weve both passed. they did not return the stolen funds and basically insinuated his report was fraudulent. There are countless people who have been scammed not just by fraudsters but also by the bank! This whole things is complete BS. More information on the agreement can be found in an update on this page. May 14 (Reuters) - Bank of America Corp BAC.N agreed to pay $75 million to settle a lawsuit accusing the second-largest U.S. bank of extracting overdraft fees it didn't earn . Shame on them!! These Bank of America cards are supposed to be protected by the Zero Liability policy, I guess thats just a lie they are allowed to get away with. Some people haven't gotten unemployment benefits since late December. I keep being told that it should be there any daY just bee PATIENT THAT IT SHOULD BE THERE ANY DAY THATS BEEN SINCE FEBRUARY NOTHING YET. Yes this happened to me. 4 days later I finally get my new card in the mail, three days later they let the exact same thing happen. They took $1000 out of my account. How safe is your neighborhood? They should also be made to pay penalties to each customer whose money was not refunded in a timely manner. After seeing no results by the beginning of March, I contacted one of the state representatives offices and spoke with someone named Jeff Sparks ,who in turn reached out to his contact at Bank of America in an effort to resolve my issue. Moreover, the suit alleges, the bank reversed credits to unemployment recipients accounts that it had previously granted, causing the accounts to fall into a negative balance and preventing the individuals from accessing any of their funds. You must contact the She called me back and said she had someone on the line that knew exactly what the issue was and was going to help me. I was treated like I was annoying them by asking questions. Seems like an inside job since the timing coincided with the conclusion of my interaction with the bank manager. The class for this action is all persons who got, or are entitled to get, EDD benefits via a Bank of America EDD account or debit card, who have suffered or are threatened with a legal injury caused by Bank of America, as described in this complaint, between January 1, 2020 and the present. Called back the fraud department and talked to a wonderful guy who helped me. blocking nearly 350,000 Californians access. Terms and Conditions. "They are trying to find the balance between needing to prevent fraud, which we know has pervaded this case from the beginning and getting money back to the people who deserve it," said Ted Mermin, who teaches consumer protection law at Berkeley School of Law and is the Executive Director of the Berkeley Center for Consumer Law and Economic Justice. Your email address will not be published. I made a walmart grocery purchase at 5am and my debit card worked. In March EDD finally unfroze and confirmed my identity. My UI benefit money was stolen from my BofA acct on the 26th of April. I hope we get contacted to join a class action. I too had money taken out of my BOFA EDD account. This most recently filed class action lawsuit claims that Bank of America used antiquated technology for unemployment benefit recipients. On 4/2/21 I discovered $1,256.00 was missing from account and I immediately B of A to report the following withdraws were fraudulent since my card was in my possession and my PIN number never written down or given to anyone. The rep ordered me a new card and then transferred me to a claim rep (where I got disconnected before I ever spoke to a claims rep). Bof A has me running around in circles. In the meantime, CBS reported a San Francisco law firm has filed a class-action lawsuit against Bank of America alleging a number of failings by the bank and its inability to protect those with EDD cards from fraud. The next day, Monday morning I called Bank of America. Bank of America claims to have a Zero Liability policy in such situations, but the complaint says it does not appear to be applying it to the victims of the theft. This is not right and once again Im on the street. I could not believe it I was sick to the stomach sad man Angry pissed I wanted to just hurt somebody I looked at somebody and just just stop. Never responded to my claims a total of 4800. This field is for validation purposes and should be left unchanged. Imagine that they only going to take deposits for me but want to keep my unemployment money. Ive spoken to countless agents on both sides and nothing has been remedied. "I feel violated, cheated, unheard," said Jennifer Yick. I was unable to purchase my items. "The EDD is working diligently through these claims to automatically make those weeks available and will notify your constituents when they have weeks to certify for ongoing benefits.". Learn more about the cookies we use. No sh*t!!! Many defrauded EDD cardholders When I spoke to the B of A agent she said $780..00 had been withdrawn from my account with a card and pin early in the morning. I have to pay taxes and have a 1099 claiming I received all this money and I didnt. Hello. 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. Today I found a transfer of$700 from my b of a edd account and it most definitely was NOT authorized by me. Checked online i had money so i tried again it froze my card due to some fraudulent claims or something. A caller "identifying. Erin works primarily on ClassAction.orgs newswire, reporting on cases as they happen. I have spoken with Bank of America and been told to contact EDDlol, not an easy feat. It says it is working to re-open claims for those who are eligible and have money in their accounts. Hi I received my first edd deposit 8000 in August 2020 sent for a replacement card because of a transactions of $3000 and something dollors off my card so I change my debt pin filed a claim it was denied before I even got of the phone I called back to let them know its other charges they let me know that my claim was denied already I told the bank of America representative I just put the claim literally minutes ago bA representative wasnt aware of that . No investigation was even pursued. I no longer receive unemployment benefits and need that money desperately. When I check my EDD card when I got home I saw the missing money. I have been a customer of Bank of America for most of my life and I have never had such poor customer service. An hour later, attempting to use my card, it was denied. asked Diane Davis, a Martinez resident. I called b of a and they put a freeze tracker as they call it. As a result of filing with the CFPB, I received an email from a woman from Bank of America complaints, stating she wanted to solve the problem. One day later my claim was closed and the funds have never been reimbursed. Many people believe that they would be unable to win this case. I want our voices to be heard, I don't want to feel like I'm second class just because I have an EDD card. That left me with a negative balance for nearly the entire amount of the credit that my subsequence payments from EDD went toward paying off over several of the following weeks . It has been frustrating because $500 is suddenly missing and all they do is give me the run around. I dont know if the money is still in account because no one can see the account since it was closed. I checked my app to see the balance and my heart droppedit showed zero balance. This whole ordeal is stressing me out because I dont know how it will affect my future benefits which I need to live on and if Bank of America will refund my $980. I then got a letter from b of a saying my fraud claim had been closed. 2. Ive received new cards, new accounts and the money gets taken out the moment its deposited. Somewhere between the funds leaving CA EDD and the Bank of America transfer to my B of A account (which Ive had for years) 4 out of 11 payments made in one day, were never received. 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. I am stressed to the maximum. 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. by David Collins. The settlement came under fire from some Bank of American customers who were unhappy with the high Previous Post All Rights Reserved. Its a never ending circle that keeps me locked out of my account and money. Zelle has yet to comment on the problem, according to the case.
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