BAC · News · 20261107N

Securities Fraud Litigation

BANK OF AMERICA CORP /DE/ · 2026-11-07 · Importance 20 · Surprise 24

A class action lawsuit was filed against Bank of America on behalf of investors who purchased common stock from August 1, 2025, through October 13, 2026. The complaint alleges that weaknesses in the bank’s Bank Secrecy Act/anti-money-laundering program caused it to miss or inaccurately report billions of dollars in suspicious transactions. Investors were encouraged to contact the law firm by December 15, 2026, to seek lead plaintiff status; the digest does not specify the court or a claimed damages amount.

Key facts

• Bragar Eagel & Squire, P.C. filed a class action lawsuit against Bank of America on behalf of investors who purchased its common stock. source
• The lawsuit alleges that Bank of America made false and misleading statements because of systemic weaknesses in its Bank Secrecy Act/anti-money laundering (BSA/AML) program, causing it to miss or inaccurately report billions of dollars in suspicious transactions. source
• Investors who suffered losses during the period are encouraged to contact the firm by December 15, 2026, to apply for lead plaintiff status. source
• The class action covers investors who purchased Bank of America common stock between August 1, 2025, and October 13, 2026. source