Bank of America Wins Dismissal of Class-Action Suit, Defends Another
November 12, 2010
Bank of America won a dismissal in a class-action lawsuit that could still go forward on a significantly narrower scale and counterpunched another investor demand that the company repurchase a large number of loans from non-agency MBS issued by Countrywide Financial. The U.S. District Court for the Central District of California...