Bank of America paid $315 million to settle crisis-era lawsuits

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$7.2 million. June 2009. Bank of America completes a settlement with the Securities and Exchange Commission and several states over alleged misrepresentations the bank made to customers about the.

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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.

Updated April 29, 2015 6:06 p.m. Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision comes after rivals J.P. Morgan Chase & Co. and UBS AG had agreed to settle with the same investors.

Bank of America agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit. The settlement was disclosed in.

The settlement is the latest struck between banks and investors in the fallout from the MBS boom and bust. In December, Bank of America Corp’s Merrill Lynch unit agreed to pay $315 million to resolve.

BofA Paying $315 Million to Settle With BNP, Deutsche Bank 06 May 2015 by OneStopBrokers Bank of America Corp . agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and bnp paribas mortgage corp. related to fraud losses at failed lender taylor bean & Whitaker Mortgage Corp.

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