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Bank Of America Faces Overdraft Fee Refund Lawsuit

Signage is seen at the Bank of America Tower in Manhattan, New York City

Bank of America is currently facing a lawsuit regarding its overdraft fees. The lawsuit alleges that the bank must refund customers who were charged excessive overdraft fees.

The lawsuit claims that Bank of America manipulated the order of transactions in order to maximize overdraft fees. This practice allegedly resulted in customers being charged multiple overdraft fees for a single transaction.

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