Bank of America Unemployment Insurance Class Action Lawsuit Investigation - Top Class Actions

Who's Affected: Bank of America Debit Unemployment Insurance

Did you have issues accessing your unemployment insurance benefits from Bank of America due to frozen accounts and/or fraud? If so, you may have a legal claim.

Bank of America has allegedly failed to assist numerous state unemployment insurance cardholders who could not access their accounts due to fraud and frozen accounts. Cardholders have complained that Bank of America froze unemployment cardholders' accounts, failed to answer customer service phone lines for unemployment debit card holders, closed claims without completing a full review, and failed to credit unemployment cardholders' accounts after reports of fraud.

As a result, some Bank of America unemployment debit cardholders allegedly lost thousands of dollars in benefits that they desperately needed and suffered compromised account information. Without access to their unemployment funds, some consumers have reportedly missed important payments for rent, utilities, and other bills.

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If you live in one of the following states and were unable to access employment insurance benefits from Bank of America due to fraud and frozen accounts, you may qualify to join a free class action lawsuit investigation:

• Iowa
• Kansas
• Kentucky
• Maryland
• Carolina del Norte
• Carolina del Sur

A Bank of America unemployment class action lawsuit is one way to hold the bank accountable for allegedly failing to honor its obligations to defrauded cardholders and seek compensation on behalf of those affected.

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Bank of America Unemployment Insurance Debit Cards

Bank of America entered into contracts with certain states to issue debit cards to individuals receiving unemployment benefits. However, the bank has come under scrutiny for allegedly failing to adequately safeguard the unemployment insurance debit cards from fraud and failing to provide adequate assistance to those affected by fraudulent activity.

Several plaintiffs have already taken legal action against Bank of America. A New Jersey woman has filed a Bank of America class action lawsuit that alleges the bank handles the unemployment insurance accounts "with less care than it affords its regular consumer debit and credit cardholders." 

The plaintiff alleges the Bank of America debit cards are not equipped with industry-standard EMV chip technology. Instead, they simply rely on magnetic strips that are known to be vulnerable to skimming and other methods of theft, according to the Bank of America class action lawsuit.

A San Francisco woman alleges she had her last $400 stolen from her Bank of America unemployment insurance account due to unauthorized transactions. She says Bank of America failed to adequately protect her and other cardholders from fraud.

A group of California plaintiffs allege Bank of America froze 350,000 unemployment insurance debit cards in the state due to fraud. The unemployment insurance debit card class action lawsuit alleges Bank of America had "systematic failures" in its security that led to the breaches. The plaintiffs claim the bank punished the unemployed by denying access to their funds. As a result, their transactions were unexpectedly declined when they attempted to use their Bank of America debit cards to purchase necessities.

Another class action alleging the same failures of Bank of America has been filed by a young man in Massachusetts. In addition to issuing debit cards without EMV chips and then freezing accounts due to fraud, the plaintiff alleges that Bank of America failed to honor its "Zero Liability" policy that promised to protect him and others from financial damages caused by fraudulent charges to their unemployment benefits.

If you were unable to access Bank of America unemployment insurance funds due to fraud or because your account was frozen, and the bank did not help you regain access to your money, you may be able to file a class action lawsuit on behalf of yourself and others who were affected by Bank of America's allegedly lax security measures.

Join a Free Bank of America Unemployment Insurance Class Action Lawsuit Investigation

Unemployment insurance benefits recipients from Iowa, Kansas, Kentucky, Maryland, North Carolina, and South Carolina who had trouble accessing their benefits from Bank of America may qualify to join a class action lawsuit investigation into allegations Bank of America failed to assist defrauded cardholders.

Fill out the form on this page to find out if you qualify!

Bank of America Unemployment Insurance Class Action Lawsuit Investigation - Top Class Actions