Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC
Bank of America and Merrill Lynch settled government claims tied to mortgage-backed securities sold in 2008. If you held BOAMS 2008-A Trust certificates as of March 20, 2008, you were potentially in line for a share of the recovery.
BOAMS 2008-A Trust (from $109.22M disgorgement, $6.62M prejudgment interest, $109.22M civil penalty)
Your share comes out of a fund built from $109.22M in disgorgement, $6.62M in prejudgment interest, and a $109.22M civil penalty — how much any individual investor receives depends on their certificate holdings.
Official site: www.prnewswire.com
Who may qualify
You qualify if you purchased eligible certificates of the BOAMS 2008-A Trust before March 20, 2008 and still held them on that same date.
Official eligibility wording
Persons who purchased Eligible Certificates of the BOAMS 2008-A Trust prior to March 20, 2008 and held those certificates on March 20, 2008.
This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.
New to the terms? Plain-English: claim deadline, proof of purchase, administrator, pro rata.
Important dates
- Claim deadline
- October 31, 2018 (closed)
Proof requirements
Proof requirement is currently marked as Yes.
Review the official claim form before submitting any information.
What you need
Proof is required — claimants needed to document their purchase and ownership of eligible BOAMS 2008-A Trust certificates as of March 20, 2008.
How to file this claim
- Contact the Distribution Agent — Garden City Group, LLC — at (800) 231-1815 or www.BOAMortgageObligations.com to confirm current distribution status and whether filing is still possible.
- Obtain the official Proof of Claim Form from www.BOAMortgageObligations.com or directly from the Distribution Agent.
- Pull together brokerage or custodian records showing you bought Eligible Certificates before March 20, 2008 and still held them on that date.
- Complete and sign the Proof of Claim Form in full, following every instruction on the form.
- Mail the signed form (plus any required supporting records) to: Bank of America Mortgage Obligations Distribution Fund, c/o GCG, P.O. Box 9349, Dublin, OH 43017-4249 — or submit via the method specified on the form if not mailing.
- Keep copies of everything submitted, along with your mailing receipt or tracking confirmation.
Documents you'll need
Watch out for
- The notice deadline was October 31, 2018 — this has already passed. Reach out to the Distribution Agent at (800) 231-1815 right away to learn if any remedy remains.
- Only use the official site www.BOAMortgageObligations.com — scam sites sometimes impersonate SEC investor distributions.
- The form must have been postmarked or received by the deadline; a signed but late form is likely disqualified without a court-approved extension.
- You must satisfy both conditions: purchased before March 20, 2008 AND held on March 20, 2008. One without the other disqualifies you.
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
How do I file a claim for this settlement?
This record no longer has an open public claim form — confirm the current status and any next steps on the official source.
- Confirm you are within the eligible group described in the official notice — the settlement administrator determines eligibility.
- Gather any documents the official form asks for — this settlement marks proof as Yes.
- Open the official claim form or settlement website run by Garden City Group, LLC.
- Submit accurate information through the official settlement administrator or government source before October 31, 2018.
- Save your confirmation number if one is provided, then watch the payment status for distribution updates.
New to settlement claims? How to file safely →
Worried it might be fake? Run the 60-second legitimacy check →
How we verified this record
- Claim deadline the official settlement website · Jun 17, 2026
- Payout details the official settlement website · Jun 17, 2026
- Eligibility the official settlement website · Jun 17, 2026
- Proof requirement the official settlement website · Jun 17, 2026
- Administrator the official settlement website · Jun 17, 2026
- Court case the official settlement website · Jun 17, 2026
- Payment status the official settlement website · Jun 17, 2026
- Official claim link queued for re-check
Every published record clears our source-verification bar; remaining fields are checked one by one on our weekly re-verification pass.
Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.
-
Claim deadline
October 31, 2018
Verified Jun 17, 2026 · against the official settlement website
You must complete and sign the Proof of Claim Form and submit it to the Distribution Agent so that it is postmarked or received (if not sent by U.S. Mail) no later than October 31, 2018.
-
Eligibility summary
Persons who purchased Eligible Certificates of the BOAMS 2008-A Trust prior to March 20, 2008 and held those certificates on March 20, 2008.
Verified Jun 17, 2026 · against the official settlement website
-
Proof requirement
Yes
Verified Jun 17, 2026 · against the official settlement website
-
Payment status
Distribution complete
Verified Jun 17, 2026 · against the official settlement website
You must complete and sign the Proof of Claim Form and submit it to the Distribution Agent so that it is postmarked or received (if not sent by U.S. Mail) no later than October 31, 2018.
-
Estimated payout
BOAMS 2008-A Trust (from $109.22M disgorgement, $6.62M prejudgment interest, $109.22M civil penalty)
Verified Jun 17, 2026 · against the official settlement website
The DOJ transferred $115.84 million to the SEC for investor distribution.
-
Administrator
Garden City Group, LLC
Verified Jun 17, 2026 · against the official settlement website
Show all 3 more verified fields
-
Court
U.S. District Court, Western District of North Carolina
Verified Jun 17, 2026 · against the official settlement website
-
Court case number
3:13-cv-00447
Verified Jun 17, 2026 · against the official settlement website
-
Case name
Securities and Exchange Commission v. Bank of America, N.A., et al.
Verified Jun 17, 2026 · against the official settlement website
The SEC brought suit against Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch regarding the "BOAMS 2008-A Trust."
Common questions
Is the Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC settlement legitimate?
Yes — the Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC settlement is a real claims process that SettleSignal tracks from its official source. It is administered by Garden City Group, LLC under case 3:13-cv-00447 in U.S. District Court, Western District of North Carolina. File only through the official settlement website (www.prnewswire.com); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on June 17, 2026. Always confirm the current details on the official site before filing.
Who may qualify for this settlement?
Persons who purchased Eligible Certificates of the BOAMS 2008-A Trust prior to March 20, 2008 and held those certificates on March 20, 2008.
What is the claim deadline?
The claim deadline is October 31, 2018. Confirm the current deadline on the official settlement source before filing.
Do I need proof to claim?
Proof requirement: Yes. The settlement administrator determines what documentation, if any, is required.
What is the current payment status?
Current payment status: Distribution complete. Payments are issued by the administrator after the court process concludes.
When will Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC pay out?
Current payment status: Distribution complete. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.
Where is the official Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC claim form?
No claim form is needed — The claim deadline (Oct 31, 2018) has passed — this settlement is closed to new claims. Listed for reference. Never pay a fee to claim a settlement payment.
Who was eligible for this settlement?
Anyone who bought eligible BOAMS 2008-A Trust certificates before March 20, 2008 and still held them on that date.
What was the filing deadline?
The claim deadline was October 31, 2018. That window has closed.
How much could investors receive?
The total fund includes $109.22M in disgorgement, $6.62M in prejudgment interest, and a $109.22M civil penalty. Individual payouts depend on each claimant's certificate holdings.
What proof was needed to file a claim?
You needed documentation showing you purchased and held the eligible certificates on March 20, 2008 — such as brokerage statements or trade confirmations.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
The claim deadline (Oct 31, 2018) has passed — this settlement is closed to new claims. Listed for reference.
Listed on the official settlement website (Garden City Group).
Related settlements
Keim v. Trader Joe’s Company
Trader Joe's payment software printed too many digits of your card number on receipts during a four-month stretch in 2019. If you shopped there by card during that window, you can file a claim.
MUBI auto-renewal subscription
MUBI is paying $1,600,000 to California subscribers whose accounts auto-renewed between April 2021 and May 2025 without proper notice. If you had a MUBI subscription that kept renewing in California, you likely qualify.
Fetes v. Lee Enterprises Incorporated
Lee Enterprises had a data security incident that exposed customer information. If you got a notice about it, you can file a claim for cash or credit monitoring.
Barclays PLC and Barclays Bank PLC
If you bought Barclays stock — ADRs on the NYSE or ordinary shares on the London Stock Exchange — between June 2019 and March 2022 and lost money, there's an SEC Fair Fund set up to pay you back. Worth a look if you held BCS or BARC during that window.
Disclaimer
This service summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. Only file a claim if the information you provide is accurate.
Change log
- June 18, 2026 — Settlement published after verification.
- June 17, 2026 — Verified field details updated from an official source.