A settlement cash payment of $50 or $100 could be yours if you enrolled in a a credit protection plan from Bank of America between January 1, 2006 to July 17, 2012. This lawsuit is entitled Bank of America Credit Protection Marketing and Sales Practices Litigation and is Case Number 3:11-md-02269-TEH. The lawsuit claims that BOA used the credit protection plan in question to dupe customers into paying for useless credit-protection services. Imagine paying for a protection plan that really was not needed. The defendants in the case include Bank of America Corp. and FIA Card Services, N.A. Class members are represented by Rachel Geman, Esq. from LIEFF CABRASER HEIMANN & BERNSTEIN, LLP. The case will ib in the jurisdiction of the United States District Court for the Northern District of California. The BOA Credit Protection Class Action Lawsuit also claims unlawful practices regarding BOA marketing, sales, and administration of the Credit Protection products. The lawsuit includes anyone who signed up for the following credit protection programs in the US: Credit Protection Plus, Cardholder Security Plan, Credit Protection Plan, Credit Protection Deluxe and the Credit Protection Fleet.
In order to receive a settlement you must file a claim. All claim forms can be mailed to: Bank of America Class Action Administrator, c/o Gilardi & Co. LLC, P.O. Box 8060, San Rafael, CA 94912-8060. CreditProtectionSettlement.com allows a class member to file the claim online or download the claim form for mailing. If you are a class member who made a Credit Protection benefit request that was denied your settlement payment will 
be approximately $100.00. If you are a Class member Who have not made a Credit Protection benefit request you may receive approximately $50.00. These settlement payments are pending a settlement fairness hearing. The fairness hearing will be held before Judge Thelton E. Henderson on January 14, 2013 at 10:00 a.m. The hearing will be held at the United States District Court for the Northern District of California and will determine if the settlement terms are fair and reasonable.
This is just one of numerous class action lawsuits that have been filed against credit card companies in the last few years. Credit companies have been under fire as of late for rate manipulation, unfair fees and changing reward programs without notice. Only time will if the consumer can defeat the evil credit card companies. In the case of the BOA Credit Protection Class Action Lawsuit; consumers 1 credit company 0.
