Bank of America customers in Florida could receive up to $500 in compensation thanks to a class action settlement.
The lawsuit arose from an alleged violation of the Florida Consumer Collection Practices Act (FCCPA), since the bank would have sent collection messages late at night to its account holders, something which the FCCPA prohibits.
Although Bank of America did not admit wrongdoing, it agreed to pay $500,000 to resolve the claims filed.
To be eligible for this compensation, Florida residents must have received messages, calls or other communication from Bank of America between 9:00 pm and 8:00 am in their local time zone since April 22, 2020 .
Eligible customers must submit a claim form that is valid until today, January 26, 2024, which is available on the bank’s website.
The exact amount of compensation will depend on the number of claims filed, but customers could receive up to $500.
It is important that eligible customers file their claim before the deadline to ensure they receive the compensation they are entitled to.
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