BUSINESS
09/28/2011 09:13 am ET | Updated Nov 28, 2011

Bank Of America's Looming $50 Billlion Shareholder Lawsuit

Bank of America’s potential liability for bad mortgages — in the tens of billions of dollars — is well known. But Bank of America is haunted by other demons from the financial crisis, the most significant one being a lawsuit arising from its troubled Merrill Lynch acquisition.

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