BofA Investor Suit Granted Class Action Status

BofA Investor Suit Granted Class Action Status

A federal judge ruled that a Bank of America Corp. (BAC) investor lawsuit claiming the bank misled shareholders about the acquisition of Merrill Lynch & Co. may proceed as a class action, or group lawsuit.

To contact the reporter on this story: Bob Van Voris in New York at rvanvoris@bloomberg.net

To contact the editor responsible for this story: David E. Rovella at drovella@bloomberg.net

 

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