(NewsNation) — Bank of America has agreed to settle a class‑action lawsuit for $2.25 million over alleged ATM fee charges at 7‑Eleven locations.
The lawsuit, filed in federal court in California in 2019, accused the bank of breaching its agreement with customers by charging excessive fees. Plaintiffs claimed Bank of America imposed two out‑of‑network fees for a single balance inquiry at certain ATMs.
Bank of America has denied any wrongdoing as part of the settlement.
Who is eligible for the payout from the settlement?
Current and former Bank of America customers may be eligible for compensation if they used an FCTI‑owned ATM inside a 7‑Eleven store between May 1, 2018, and Nov. 16, 2021…