Tuesday, 27 September 2011

DealBook: Bank of America Faces a $50 Billion Shareholder Lawsuit

A lawsuit by Bank of America shareholders is proceeding that claims the bank and its executives failed to disclose a $15.3 billion loss at Merrill Lynch before its acquisition.

Source: http://feeds.nytimes.com/click.phdo?i=d575c8da2f79c1a92325c2479c1d3135

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