BofA wins approval for $410M overdraft fee settlement

BANK of America Corp., the largest debit card issuer, won court approval of a $410 million settlement with customers who accused the bank of charging excessive overdraft fees for electronic transactions. / BLOOMBERG NEWS FILE PHOTO DANIEL ACKER
BANK of America Corp., the largest debit card issuer, won court approval of a $410 million settlement with customers who accused the bank of charging excessive overdraft fees for electronic transactions. / BLOOMBERG NEWS FILE PHOTO DANIEL ACKER
MIAMI - Bank of America Corp., the largest debit card issuer, won court approval of a $410 million settlement with customers who accused the bank of charging excessive overdraft fees for electronic transactions. U.S. District Judge James Lawrence King in Miami Monday approved the accord between the bank and about 1 million account holders, who…
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