BofA Settles Merrill Bondholders' Suit For $150M
By Brendan Pierson ( August 24, 2009, 4:33 PM EDT) -- Bank of America Corp. has agreed to pay $150 million to settle a class action filed by purchasers of Merrill Lynch & Co. bond-class securities who alleged they were harmed because Merrill misrepresented its subprime mortgage debt exposure and other financial information....
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