The deadline for Bank Of America Corporation (“Bank of America” or the “Company”) (NYSE: BAC) investors to seek appointment as lead plaintiff in a securities class action lawsuit is December 15, 2026. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Bank Of America Corporation securities from August 1, 2025 to October 13, 2026, inclusive. The Law Offices of Frank R. Cruz today reminded investors of the deadline in the case, New England Teamsters Pension Fund v. Bank of America Corporation et al., filed on October 16, 2026 in the U.S. District Court Southern District of New York (Case No. 1:26-cv-09137).

If you lost money on Bank Of America Corporation securities, submit your Bank Of America Corporation loss information before the December 15, 2026 deadline to learn about your potential claims under the federal securities laws.

Bank Of America Corporation deadline and case dates

  • Lead plaintiff motion deadline: December 15, 2026
  • Class period: August 1, 2025 to October 13, 2026, inclusive
  • Filed: October 16, 2026
  • Court: U.S. District Court Southern District of New York

What happened?

On October 13, 2026, the U.S. Department of the Treasury announced a $1.2 billion fine against Bank of America Corporation for violations of anti-money laundering and sanctions laws. According to the Department of the Treasury, Bank of America Corporation failed to mitigate and report priority national security risks. The Department of the Treasury also found that the Company’s Bank Secrecy Act and anti-money laundering compliance programs were deficient and ineffective.

On this news, Bank of America stock fell $2.57 or, 4.76%, to close at $51.39 on October 14, 2026, thereby injuring investors.

What is the Bank Of America Corporation lawsuit about?

The Bank Of America Corporation class action alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Bank Of America Corporation’s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) systemic weaknesses in BANA’s BSA/AML program caused it to fail to properly monitor trillions of dollars in transactions and to miss, delay, or file inaccurate or incomplete suspicious activity reports involving billions of dollars in suspicious activity; (2) internal reports had documented BANA’s BSA/AML deficiencies for years, yet BANA had not adequately remedied them after the 2024 Consent Order; (3) BANA also had deficiencies in its sanctions compliance program and processed transactions later identified as apparent violations of multiple sanctions programs; (4) fixing these deficiencies required significant additional compliance resources and exposed BANA to substantial penalties and costs; and (5) as a result, defendants’ positive statements about Bank Of America Corporation’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Investors who purchased or otherwise acquired Bank Of America Corporation securities during the class period may ask the Court, no later than December 15, 2026, to appoint them lead plaintiff in this putative class action lawsuit.

“According to the complaint filed against Bank Of America Corporation, the Company, among other things, did not disclose that systemic weaknesses in BANA’s BSA/AML program caused it to fail to properly monitor trillions of dollars in transactions and to miss, delay, or file inaccurate or incomplete suspicious activity reports involving billions of dollars in suspicious activity. With the December 15, 2026 deadline drawing near, investors who want a voice in how this case is led should reach out now,” said Frank R. Cruz of The Law Offices of Frank R. Cruz.

What should Bank Of America Corporation investors do now?

The Law Offices of Frank R. Cruz can help Bank Of America Corporation investors evaluate potential claims to recover their losses. Investors who want to serve as lead plaintiff must file a motion with the Court by December 15, 2026. For more information, visit the Bank Of America Corporation case page, email info@frankcruzlaw.com, or call 310-914-5007.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

Bank Of America Corporation investors need not take any action at this time to be class members. Investors may retain counsel of their choice or take no action and remain absent class members. No class has been certified yet in the Bank Of America Corporation case.

Questions and answers about the Bank Of America Corporation deadline

Who is eligible? Investors who bought Bank Of America Corporation securities between August 1, 2025 and October 13, 2026 and lost money may be class members in the Bank Of America Corporation securities lawsuit.

When are lead plaintiff motions due in the Bank Of America Corporation case? Lead plaintiff motions in the Bank Of America Corporation class action are due in the U.S. District Court Southern District of New York by December 15, 2026.

What happens after the Bank Of America Corporation deadline passes? After December 15, 2026, investors generally can no longer seek lead plaintiff appointment, but Bank Of America Corporation investors may still remain class members.

How are attorneys’ fees handled? The Law Offices of Frank R. Cruz works on contingency, so investors pay no attorneys’ fees unless there is a recovery, and any fees require court approval.

About The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.

Prior results do not guarantee a similar outcome.

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