Judge Orders Bank of America to Pay $540 Million in FDIC Lawsuit

Share!

Insurance Journal - Apr 15, 2025

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance. In a decision made public on Monday, U.S. …...

Read Full Article

Recommended Articles

Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires

Posted: Jul 18, 2025

Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at lea...

People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO

Posted: Jul 18, 2025

Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice Presid...

Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities

Posted: Jul 18, 2025

Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention cen...