Update on the Bank of America settlement
Our law firm took the lead in bringing a national class action against Bank of America for robo-calls to cell phones in relation to mortgage servicing. We joined with another class action filed in federal court in San Jose and were able (after more than a year of negotiating) to reach a settlement.
Bank of America agreed to pay more than $32 million to resolve claims relating to mortgage servicing and credit card debt collection. A copy of the settlement agreement can be downloaded here.
Judge Edward Davila is presiding over the settlement and granted preliminary approval on December 6, 2013. A copy of the preliminary approval order can be downloaded here. Notices went out after that and people started making claims. The website for the settlement is BoATCPAsettlement.com.
The last day to make a claim or opt out was March 21, 2014. It was also the deadline to file an objection.
On April 4, 2014, Judge Davila held the hearing on final approval of the settlement and made a finding on the record that there were no objections. He took the matter under submission, and we're now waiting on his Final Approval Order.
The judge has to grant final approval before any checks can be sent out, so if you've made a claim please be patient. I'll post something here when the order comes down, but in the meantime if you're a class member and have questions, please be in touch.