Allstate's $700M Suit Doesn't Support BofA Claim: Judge
By Jonathan Randles ( January 23, 2012, 8:24 PM EST) -- A California federal judge on Monday suggested that Allstate Insurance Co.'s beefed-up lawsuit over its $700 million purchase of toxic mortgage-backed securities from Countrywide Financial Corp. still doesn't support a claim that Bank of America faces successor liability over the transaction....
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