🚨 NEW: Bank of America ordered to pay $540M+ after U.S. District Judge rules it underpaid deposit insurance fees (2013–2014).
🏛 The FDIC sued in 2017, alleging BofA misreported counterparty exposures, leading to lower risk scores & reduced fees.
🏛 The FDIC sued in 2017, alleging BofA misreported counterparty exposures, leading to lower risk scores & reduced fees.