Court refuses to delay BofA, Merrill settlement case
(Reuters) - A federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co. U.S. District Judge Kevin Castel rejected as premature a request by another shareholder group, pursuing a similar lawsuit against Bank of America ...
Court Refuses To Delay BofA-Merrill Lynch Settlement
A federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co.
Deal Professor: Ignoring the Real Money in the Bank of America Lawsuits
The focus following Bank of America’s acquisition of Merrill Lynch has been on the lawsuit by shareholders. But another federal securities lawsuit out there is where the real money is.
Goldman, Merrill E-Mails Show Naked Shorting, Filing Says
Goldman Sachs Group Inc. (GS) and Merrill Lynch & Co. employees discussed helping naked short-sales by market-maker clients in e-mails the banks sought to keep secret, including one in which a Merrill official told another to ignore compliance rules, Overstock.com Inc. (OSTK) said in a court filing.
Merrill $315 million mortgage pact wins OK from Rakoff
(Reuters) - A federal judge has given final approval to Bank of America Corp's agreement to pay $315 million to settle claims by investors who said they were misled about mortgage securities offerings by its Merrill Lynch unit. U.S. District Judge Jed Rakoff in Manhattan said "the settlement is, in all respects, fair, reasonable, and adequate, and in the best interests of the settlement class ...
Shepherd Smith Edwards & Kantas LLP Files Claims for Clients of David Zeng and Merrill Lynch, Pierce, Fenner, & Smith ...
SANTA FE, N.M. -- Lawyers with the Securities Law Firm of SHEPHERD SMITH EDWARDS & KANTAS LLP, www.sseklaw.com, have recently filed claims on behalf of clients of David Zeng and Merrill Lynch, Pierce, ...
Balto. Co. says it won't sue Merrill Lynch
Potential claim centered on $21 million investment Baltimore County no longer plans to sue Merrill Lynch over a $21 million investment made in 2007, officials said Tuesday.
Ignoring the Real Money in the Bank of America Lawsuits
Law firms representing shareholders are fighting over a settlement in class-action lawsuits against the Bank of America board over its Merrill Lynch acquisition is adequate. But another federal securities lawsuit out there is where the real money is.
Baltimore Co. detailed investment loss in 2007 letter to council
County weighing lawsuit against Merrill Lynch A $21 million investment at the center of a legal debate in Baltimore County government was downgraded to junk status less than a month after the county purchased it in 2007, according to county documents.