Bank Of America Settles Data Theft Litigation

August 30 2010 by admin in Law Advice |No Comments

LOUISVILLE, Ky. – Bank of America Corp. has agreed to provide credit monitoring, reimbursement of identity theft losses and out-of-pocket expenses and incentive awards in a settlement approved by a Kentucky federal judge on Aug. 23, bringing to an end a class action filed against Countrywide Financial Corp. mortgage unit over data theft (In Re: Countrywide Financial Corp. Customer Data Security Breach Litigation, No. 08-1998, W.D. Ky.).
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