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02/07/2012 11:10:11 AM EST

Federal Judge Dismisses Class Action Alleging Bank Allowed Unauthorized Payments

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LexisNexis® Mealey's™ Daily Legal News

LOS ANGELES - A federal judge in California on Feb. 1 dismissed a putative class action accusing Bank of America Co. and an affiliate insurer of pulling money from customers' bank accounts to pay for insurance policies that customers did not request or approve (Jerome White, et al. v. Bank of America Corp., et al., No. 11-06797, C.D. Calif.). Full story on lexis.com