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Bank of America paid $315 million to settle crisis-era lawsuits

NEW YORK (AP) – Bank of America agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit. The settlement was.

 · Global markets wrap with CNBC’s Mandy Drury. The Dow started higher but loses its early-morning gains. 3M is higher and Bank of America agrees to.

The settlement boosts Bank of America’s already-high tally for legal costs stemming from the crisis. The second-largest U.S. bank by assets has spent more than $60 billion over financial crisis-era.

Bank of America paid $315 million to settle a pair of financial crisis-era lawsuits filed by Deutsche Bank and BNP Paribas over losses tied to fraud at Taylor Bean & Whitaker Mortgage.

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$7.2 million. June 2009. Bank of America completes a settlement with the Securities and Exchange Commission and several states over alleged misrepresentations the bank made to.

A federal judge has given final approval to Bank of America Corp’s agreement to pay $315 million to settle claims by investors who said they were misled about mortgage securities offerings by its.

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Bank of America agreed to pay $315 million in a settlement with investors who claimed they were misled about mortgage securities offerings by the bank’s Merrill Lynch unit.

 · NEW YORK (AP) – Bank of America agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit.

Bank of America, who purchased countrywide financial Corporation in 2008, recently agreed to pay $355 million to settle charges. not to mention a $315 million settlement with investors who claim.

Bank of America Corp has agreed to pay $1.6 billion in cash. The MBIA deal is just the latest settlement Bank of America has reached to resolve crisis-era litigation. Last month, the bank reached a.

The settlement is the latest struck between banks and investors in the fallout from the MBS boom and bust. In December, Bank of America Corp’s Merrill Lynch unit agreed to pay $315 million to resolve.

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Bank of America to Pay $110,000 to Resolve EEOC Disability Discrimination Suit CHICAGO – Bank of America will pay $110,000 to a former temporary worker and provide other equitable relief under a consent decree resolving a disability discrimination case brought by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today.