Litigation
Aug. 28, 2015
Bank of America settles overtime class action for $36 million
Bank of America Corp. and its appraisal subsidiary reached a $36 million settlement in a pending class action by a group of real estate appraisers, according to a motion filed in federal court.
Daily Journal Staff Writer
A group of real estate appraisers and Bank of America Corp. along with its appraisal
subsidiary reached a $36 million settlement in a pending class action.
The 365 class members will receive an average gross recovery of about $100,000 each, according to plaintiff's attorney Bryan Schwartz of Bryan Schwartz Law. The preliminary settl...
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