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On March 30, 2010, three female employees launched a class action gender discrimination lawsuit against Bank of America and Merrill Lynch.The suit, which was filed by Judy Calibuso, a Miami financial adviser in Merrill Lynch, and Julie Moss and Dianne Goedtel, former financial advisers at Bank of America, inculpated the companies of providing the male counterparts of the suing employees with ...
The lawsuit accused Countrywide, and later Bank of America, of selling thousands of Hustle loans to Fannie and Freddie. The lawsuit says that that the Hustle program continued through 2009.
Source: Bank of America's 3Q12 10-Q (link opens PDF) pages 64-65.. The Bank of New York Mellon settlement The good news is that B of A has reached a settlement that extinguishes more than half of ...
On Wednesday, Robert Rothman, a former minority owner of the Washington Commanders, filed a 45-page lawsuit in Tampa Bay federal court against Bank of America.
Justin Sullivan/Getty Images By Aruna Viswanatha A federal judge ruled Wednesday that the U.S. can pursue parts of a civil lawsuit against Bank of America for its sale of toxic mortgages to Fannie ...
Another lawsuit filed against Bank of America, pertained to $57.5 billion in mortgage-backed securities Bank of America sold to Fannie Mae and Freddie Mac. [139] That December, Bank of America agreed to pay $335 million to settle a federal government claim that Countrywide Financial had discriminated against Hispanic and African-American ...
AP By Jonathan Stempel NEW YORK -- Bank of America (BAC) has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American ...
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening ...