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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Judge Rejects Oracles Damage Claims Against Google

A federal judge ruled that Oracle’s report estimating damages of $6.1 billion in its lawsuit against Google is too much. Judge William Alsup gave Oracle a chance to change its estimate before the case goes to trial this fall. Aside from the amount of damage, he sided with Oracle on different sides regarding the case.

Oracle claims that Google’s Android mobile operating system was created via patent infringements of Java programming tools that Oracle acquired when it purchased Sun Microsystems last year. This is just one of the lawsuits that have been filed by tech companies over their share of profits from the emerging market for tablets, smartphones and other mobile devices.

Judge Alsup said that Oracle’s expert, Boston University professor Iain Cockburn, overstretched when he used a broad estimate of Android’s value. The judge said that the expert should have used a portion of Android that have been tied to the Java patents to get the estimate of what Google has to pay regarding the case.

The judge added that Oracle might have made the report with the goal of seeing how much it could get from Google. He rebuked both sides for missteps during the hour-long hearing. Both companies didn’t want to talk about issue at the moment.

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Joey Chestnut Claims 5th Title at Nathan's Hot Dog Eating Contest

It was close for a few minutes, and then "Jaws" pulled away. Joey Chestnut ate 62 hot dogs Monday to capture his fifth title in a row in Nathan's Famous Hot Dog Eating Contest. "Winning tastes pretty good.

He's conquered crawfish and oysters, but Adrian Morgan of Baton Rouge didn't quite cut the mustard when it came to the annual Fourth of July hot dog eating contest at Coney Island. Morgan, 28, did earn “Rookie of the Year” honors, however,

It was close for a few minutes, and then "Jaws" pulled away. Joey Chestnut ate 62 hot dogs Monday to capture his fifth title in a row in Nathan's Famous Hot Dog Eating Contest. "Winning tastes pretty good.

It was close for a few minutes, and then "Jaws" pulled away. Joey Chestnut ate 62 hot dogs Monday to capture his fifth title in a row in Nathan's Famous Hot Dog Eating Contest. "Winning tastes pretty good.

Joey Chestnut has won his 5th consecutive mustard-yellow belt at this year's Nathan's July 4th International Hot Dog Eating Contest at Coney Island. He ate 62 hot dogs in ten minutes, six shy of his world record of 68.

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