BAC Settles MERS Lawsuit With Bond Holders
MBS Bond Holders Sued BAC Over BAC’s Dependence On MERS And Sub-Prime Mortgages MERS and Bank of America Corp have reached a $335 million settlement. The Pennsylvania Public School Employees’ Retirement System and disgruntled shareholders accusing it of misleading shareholders. Shareholders allege BAC exposed them to risky mortgages. They point the finger at BAC’s dependence […]
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