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North Carolina Federal Court Allows Bank of America 401(k) Forfeiture Suit to Proceed - USA Herald

Summary by USA Herald
A North Carolina federal judge has refused to dismiss a proposed class action against Bank of America, affirming claims that the bank misused 401(k) plan forfeitures in violation of federal benefits law. The decision allows the Bank of America 401(k) forfeiture suit to move forward. U.S. District Judge Max O. Cogburn Jr. denied Bank of
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USA Herald broke the news in on Thursday, August 14, 2025.
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