Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later ...

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit ...

(Reuters) - A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what ...

The order, reached March 31 and published publicly on Monday, arrives over eight years after the Federal Deposit Insurance Corporation sued Bank of America in 2017. “We are pleased the judge has ...

Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case.

However, Alikhan said Bank of America could not be ordered to pay the FDIC money the regulator claimed for earlier premiums, as these periods were now “time-barred”. “We are pleased the ...

In the order, signed March 31 and made public Monday, U.S. District Judge Loren L. AliKhan said “the law is not on [Bank of America’s] side,” and the lender is liable for unpaid assessments ...

That's a very high hurdle that no stock can clear, in my opinion. Bank of America is an advertising partner of Motley Fool Money. Neil Patel and his clients have no position in any of the stocks ...