Securities Class Action Lawsuit Filed Against Bank of America Corporation

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-03
Category: business
Source: Newsfile Corp. via Kaplan Fox & Kilsheimer LLP

Kaplan Fox & Kilsheimer LLP announced that a class action lawsuit has been filed against Bank of America Corporation (NYSE: BAC) on behalf of investors who purchased or acquired Bank of America common stock between August 1, 2025, and October 13, 2026. The lawsuit follows coordinated enforcement actions by the U.S. Department of the Treasury against Bank of America, N.A. (BANA), resulting in over $1.2 billion in penalties and settlements for violations of the Bank Secrecy Act, Anti-Money Laundering laws, and economic sanctions due to systemic compliance deficiencies.

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