Bank of America ordered us to lie, ex-workers say
Several former Bank of America employees filed declarations in a federal court last week claiming the mortgage lender told them to lie to customers seeking loan modifications.
Bank of America BAC -0.34% fired back, essentially calling them the liars. “Each of the declarations is rife with factual inaccuracies,” the bank responded in a statement emailed to media.
Bank of America also attacked the credibility of the lawyers who gathered these declarations as part of a class-action lawsuit filed in 2011 in Boston’s federal district court. “These attorneys are painting a false picture of the bank’s practices,” the bank said in the statement, adding it would respond more thoroughly in court next month.
It always makes for engaging courtroom drama when witnesses call the defendant a liar, and then the defendant says the witnesses are liars. But if these witnesses are liars, they’re liars who worked at Bank of America. Read more about the allegations.