Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Bank of America Corp    BAC   US0605051046

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Delaware Judge Says BofA Can Offer $20 Million Lawsuit Settlement For NY Approval -Bloomberg

05/04/2012 | 03:14pm US/Eastern

A Delaware judge ruled that Bank of America Corp. (>> Bank of America Corp) may offer a proposed $20 million shareholder lawsuit settlement, denying a request from a different shareholder group, which had also sued the bank over the purchase of Merrill Lynch, Bloomberg News reported Friday.

The $20 million proposed settlement with plantiffs who sued Bank of America in New York was announced last month. A Delaware plantiff group has opposed that settlement.

Delaware Chancery Court Judge Leo Strine said in a hearing that "I have no confidence that I have the authority to enjoin parties to a federal proceeding," Bloomberg reported.

Full story at

-Dow Jones Newswires; 212-416-2900

Stocks mentioned in the article : Bank of America Corp
React to this article
12:49a MICROSOFT : Bank of America joins Chase in dropping support for its Windows Phon..
01/29 BOC Hong Kong considering sale of $6 bln bank unit -sources
01/29 BANK OF AMERICA : Bonus Watch ’15: Brian Moynihan’s Got Good News An..
01/29 AT&T : Most active New York Stock Exchange-traded stocks
01/29 BANK OF AMERICA : Lufkin bank account holders upset; Citizen's National Bank res..
01/29 BANK OF AMERICA : Citizens national bank buys out local bank of america, clients
01/29 Investment Analysts’ Weekly Ratings Updates for Cisco Systems (CSCO)
01/29 BANK OF AMERICA : TerraForm Power Coverage Initiated by Analysts at Bank of Amer..
01/29 BANK OF AMERICA : Short Interest Disclosure
01/29 SECTOR VOLUME MOVERS : Apple Inc , Bank of America Corp , Yahoo! Inc
Duration : Period :
Bank of America Corp Technical Analysis Chart | BAC | US0605051046 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes