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| Bernstein Litowitz Berger & Grossmann LLP (”BLB&G”) and Major Khan LLC (”MKLLC”) have filed a race discrimination class action against Bank of America, N.A. (BOA) and Banc of America Investment Services, Inc. (BAI). The lawsuit, filed in the District of Massachusetts by five African-American current and former employees of BOA and/or BAI, alleges a pattern or practice of race discrimination in connection with promotion, compensation, training and mentoring, and the distribution of accounts and business opportunities.
On November 18, 2009,
the Court granted final
approval of the July 2,
2009 settlement reached
by the parties.
In order to be eligible
to share in the benefits of
the settlement, class
members must have submitted
a completed and signed Proof
of Claim Form and Release
postmarked no later than
December 18, 2009.
November
18, 2009 - The Court
granted final approval
of the Settlement,
dismissing the action in
its entirety, awarding Class Counsel its requested attorneys' fees and expenses, and
approving the Plan of Allocation and Service Awards for the Named Plaintiffs. Click here for a copy of the Final Judgment and Order
of Dismissal.
In its Final Judgment and Order of
Dismissal, the Court also certified the Settlement Class and appointed Named
Plaintiffs as the representatives of the Settlement Class, and Class Counsel as
Class Lead Counsel with respect to the Settlement Class in this Action.
The Court retains continuing
jurisdiction over implementation of the Settlement, including the non-monetary
relief contained therein; (ii) any award or distribution of the Settlement Fund;
and (iii) all other proceedings relating to the implementation and enforcement
of the terms of the Settlement Agreement, including the various programmatic
relief described therein.
July 15, 2009 ― The
Court granted
preliminary approval of
the Settlement and
authorized the Notice to
be sent to Class
Members. Click here for
a copy of the Notice.
July 2, 2009 - The parties filed the proposed settlement and joint motion for preliminary
approval of the settlement with the Court. Click here to read
the motion.
September 17, 2008 - Massachusetts
Federal Court grants Plaintiffs' motion to further amend complaint,
denies Bank of America’s second round of motions to dismiss and transfer,
and clears the way for Plaintiffs to prosecute anti-discrimination class
action in Massachusetts. Click here to read the Court's Opinion.
Read Second Amended Class Action Complaint
December 3, 2007-
Massachusetts
Federal Court denies
Bank of America’s motion
to transfer
anti-discrimination
class action and clears
way for Plaintiffs to
begin discovery. Click here to read the
Press Release issued by
Bernstein
Litowitz Berger &
Grossmann LLP And Major
Khan LLC.
Read First Amended Class
Action Complaint
May 18, 2007 - Bernstein Litowitz Berger & Grossmann LLP and Major Khan LLC
announce race discrimination lawsuit filed against Bank of America,
N.A. and Banc of America Investment Services, Inc. Click here to read the Press Release issued by
Bernstein Litowitz Berger & Grossmann LLP And Major Khan LLC.
Read Complaint
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