Skip to content

FleetBoston Financial

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 2002

    Restitution lawsuit concerning slavery-era predecessor institutions

    A lawsuit alleged that predecessor banks connected to FleetBoston had benefited from the American slave trade and sought damages, restitution, and a share of profits. The case was dismissed in 2004.

  2. Class-action case over alleged credit-card fee disclosure

    FleetBoston faced class-action litigation alleging that a credit card promoted as having no annual fee later carried such a fee. The available reference does not provide a year or disposition for the case.