NEW YORK (Reuters) - Bank of America Corp has agreed to pay $20 million to settle a lawsuit in which investors accused it of rigging bids for municipal securities, court papers filed on Wednesday show.
Dec 05, 2013 (ACCESSWIRE via COMTEX) -- New York, December 05, 2013 /Accesswire/ - Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for Royal Dutch Shell plc (RDS.
A U.S. judge is considering an alternative that could result in Bank of America Corp paying much less than the $863.6 million the government is seeking as a penalty for the sale of defective mortgages before the financial crisis.
Stocks recently featured in the blog include the JPMorgan Chase & Co. (NYSE:JPM-Free Report), Bank of America Corp (NYSE:BAC-Free Report), Citigroup Inc. (NYSE:C-Free Report), Wells Fargo & Company (NYSE:WFC-Free Report) and Ocwen Financial ...
(Reuters) - Bank of America Corp will pay $404 million to Freddie Mac to resolve all repurchase liabilities on home loans sold to the government-controlled mortgage company from 2000 to 2009, the bank said on Monday.