A settlement has been proposed in a class action lawsuit against Bank of America for its alleged practice of disclosing customers' confidential information to third parties to market products or services and its communications with customers and the public about how it handled customer information. The settlement will provide benefits to anyone who, at any time between September 9, 1995 and May 31, 2007, had (1) a Bank of America non-business checking or savings account, (2) a non-business loan with Bank of America secured by residential real estate (i.e., a mortgage loan); OR (3) a Bank of America branded consumer credit card and a California mailing address for purposes of communicating with Bank of America.
