Law firms representing shareholders are fighting over a settlement in class-action lawsuits against the Bank of America board over its Merrill Lynch acquisition is adequate. But another federal securities lawsuit out there is where the real money is.
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A $50 billion class action lawsuit attacking BofA for its acquisition of Merrill Lynch can't ignore the government's role in facilitating the deal. Read Post
Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch. The lawsuit was filed on behalf of investors that bought or held Bank of America stock when the co... Read Post
NEW YORK — Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch at the height of the financial crisis. In the lawsuit, shareholders alleged that Bank of... Read Post