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Sunday, August 7, 2011

Bank of America Loses Bid to Dismiss Fraud Claims

Bank of America Corp. is facing a new lawsuit organized by a group of shareholders of credit massive Countrywide Financial Corp., which the bank bought in 2008. The group of investors, which comprise BlackRock funds, T. Rowe Price Group Inc.,

When looking to compare mortgage interest rates today many homeowners will seek fixed Bank of America and Chase FHA or VA home loans. While Bank of America and JP Morgan Chase are two of the largest financial institutions in the country it is important

Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank's 2008

By Darla Mercado Searching for a “transformational business model,” Bank of America Merrill Lynch private banking vets Paul A. Pagnato and David W. Karp have joined HighTower Advisors LLC. The pair, who do business as the Pagnato-Karp Group joined

Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank's 2008 acquisition of Merrill Lynch & Co. US District Court Judge P. Kevin Castel ruled that plaintiffs


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