I have filed a law suit against Bank of America, and they are saying I reported the theft TOO LATE as per California Laws. The theft was July 2009 and I report it 2011 and since I live in another country and no account statements was brought to my house since the thief changed my address right there at the bank branch, so HOW CAN I KNOW. The theft was even done inside the bank and the bank issued the Investment Cd to another person using my name. as per FTC, any fraudulent accounts opened by someone else under my name, I am not liable for my loss.
Now they are saying I don't have a chance to get all my money backs. It has been a 2 year problem. Please help. My lawyer wants me to accept BOA offer of 25% of my deposit. Should I accept?