Bank of America logo on a buildingBank of America's Cash Sweep Program Attracts New Legal Fire in Class Action
A New Jersey resident accused the bank of offering paltry interest rates on its "cash sweep" accounts.
November 14, 2024 at 06:46 PM
3 minute read
Bank of America has been hit with a new class action over its cash sweep program, with a New Jersey resident accusing the bank of automatically sweeping money into accounts with unreasonably low interest rates.
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