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.
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
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