From Charlotte Observer:

A federal judge gave the go-ahead for a class-action discrimination
lawsuit against Bank of America and subsidiary Banc of America
Investment Services Inc. to proceed in Massachusetts.A spokeswoman said
the bank will vigorously defend itself and will re-file its motion to
move the case to Georgia.

In
their amended complaint filed last week, six plaintiffs allege a
pattern or practice of race discrimination related to pay, territorial
assignments, promotion, training, resources, and business opportunities.

They
say the bank steered them to sales territories that are "largely
minority and/or low net worth." When they complained about alleged
racial practices, officials allegedly told them bank clients are more
"comfortable" dealing with sales professionals of their own race and
African American clients are not "sophisticated," competent," or
"savvy."

"Bank of America has a strong track record of hiring and
developing associates and has been recognized for success in creating
and supporting a diverse and inclusive workplace," spokeswoman Shirley
Norton e-mailed the Observer. "We do not tolerate discrimination. We
intend to vigorously defend against the claims in the lawsuit." — Mike Drummond