Legal$BAC5:03 PM ETdeveloping · v2

Bank of America sued for securities law violations over AML program failures

By BORSA NewsroomPublished Oct 29, 2026, 5:03 PM EDTUpdated Oct 29, 2026, 5:04 PM EDT

A class action lawsuit filed against Bank of America (BAC) alleges the company misled investors about its Bank Secrecy Act/anti-money laundering program, resulting in billions in suspicious transactions going undetected. Class period: Aug 1, 2025 to Oct 13, 2026. Lead plaintiff deadline: Dec 15, 2026.

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WHAT WE KNOW

Class action filed against Bank of America (NYSE: BAC)