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Bank of America Lawsuit

LA Sues Bank Of America Over Wave Of Foreclosures

AP | Posted 01.25.2014 | Los Angeles

LOS ANGELES (AP) — The Los Angeles city attorney is suing Bank of America for mortgage discrimination it claims led to a wave of foreclosures that c...

Execs Get Off Free In Major Fraud Case

Reuters | Jonathan Stempel | Posted 09.04.2013 | Business

NEW YORK (Reuters) - JPMorgan Chase & Co and former Bear Stearns Cos managers Ralph Cioffi and Matthew Tannin won the dismissal of a lawsuit in which ...

DOJ Goes After Bank Of America

Reuters | David Ingram | Posted 08.06.2013 | Business

WASHINGTON - The U.S. government on Tuesday filed two civil lawsuits against Bank of America for what the Justice Department and securities regulators...

An Uneasy Justification for Prosecutorial Abdication in the Subprime Industry

Bradley T. Borden | Posted 01.07.2013 | Business
Bradley T. Borden

Although some reasons may appear to support prosecutorial abdication, the size and scope of damages suggest individual wrongdoing must have led to the subprime crisis and that individuals should be prosecuted.

'The Government May Amend Its Complaint To Include Employees Of Bank Of America'

Reuters | Posted 12.25.2012 | Business

* U.S. says bank caused taxpayers $1 billion in losses * Bank acted to resolve mortgage problems -BofA spokesman * BofA ...

Did Bank Of America Really Do That?

The Huffington Post | Ron Dicker | Posted 09.21.2012 | Business

Daniel Herrmann, whose right hand, arm and leg were disabled in a car accident, had a good thing going at Merrill Lynch. The company gave him a left-h...

BofA Directors To Settle Claims They Overpaid For Merrill Lynch

Reuters | Posted 08.20.2012 | Business

* Definitive settlement in lawsuit vs BofA directors * Final OK may wait until after trial in securities case * Director...

Bank Of America Could Be Looking At A Big Old Lawsuit

The Huffington Post | Alexander Eichler | Posted 03.08.2012 | Business

A million-dollar embezzlement case in Seattle could land Bank of America in hot water. Joseph Phan, a former Seattle Public Utilities employee, is ...

BofA Investor Lawsuit Wins Class-Action Status

Reuters | Posted 04.07.2012 | Business

* BofA accused of hiding Merrill losses, bonuses * Investors who owned stock, call options claimed losses By By Jonathan...

Loren Berlin

Western Strike: California, Nevada Team Up To Prosecute Mortgage Fraud

HuffingtonPost.com | Loren Berlin | Posted 12.07.2011 | Business

California and Nevada's attorneys general announced Tuesday in a press conference that they are teaming up to prosecute mortgage fraud in their respec...

BofA, JPMorgan Chase Sued By Investors Over Mortgage Debt Losses

Posted 11.30.2011 | Business

NEW YORK - JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors seeking to recover losses on $4.5 billion of soure...

Man Sues BofA After He's Locked In Connecticut Branch

Posted 11.26.2011 | Business

Already this year Bank of America has allegedly dealt with depositing $30,000 of Social Security payments into the wrong account and asking a man to p...

Think Suing The Bank Will Stop Your Foreclosure? Think Again

AP | JACOB ADELMAN | Posted 11.08.2011 | Los Angeles

LOS ANGELES — A Los Angeles judge has issued an injunction prohibiting several lawyers, direct marketers and call center operators from continui...

BofA Lawyers Kept AIG's Legal Threat Under Wraps For Seven Months

Posted 10.30.2011 | Business

NEW YORK (Lauren Tara LaCapra) - Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to s...

Bank Of America Stock Drops 20 Percent Following $10 Billion Lawsuit

The Huffington Post | Alexander Eichler | Posted 10.08.2011 | Business

Bank of America stocks tumbled 20 percent on Monday as investors reacted in part to a $10 billion lawsuit that the insurance corporation American Inte...

AIG Sues Bank Of America For $10 Billion Over Mortgage-Backed Securities

AP | PETER SVENSSON | Posted 10.08.2011 | Business

NEW YORK (Associated Press) -- American International Group Inc. said Monday it sued Bank of America Corp. for more than $10 billion, saying the bank ...

Bank Of America Hit With New Countrywide Lawsuit

AP | Posted 09.29.2011 | Business

NEW YORK -- Bank of America Corp. is facing a new lawsuit filed by a group of shareholders of mortgage giant Countrywide Financial Corp., which the ba...

Woman Sues Bank Of America For Wrongfully Seizing Her House, Parrot

AP | Posted 05.25.2011 | Business

PITTSBURGH — A Pittsburgh-area woman is suing Bank of America, claiming it wrongfully repossessed her home and saying that a bank contractor tra...

Arthur Delaney

Ben Pavone, California Lawyer, Refuses To Pay Bank Of America Credit Card, Threatens To Sue

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Ben Pavone told Bank of America in a letter last week that he refuses to pay off his credit card debt until the bank lowers his interest rate. And, he...

Bank Of America Accused In Ponzi Lawsuit

New York Times | Leslie Wayne | Posted 05.25.2011 | Business

Bank of America effectively set up a branch in a Long Island office that helped Nicholas Cosmo carry out a $380 million Ponzi scheme, according to a c...