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BofA Triumphs In Suit Over Handling Of $1B In MBS

By Jake Simpson (March 29, 2012, 6:56 PM EDT) -- A New York state judge on Thursday tossed an investor lawsuit accusing Bank of America Corp. of mishandling $1.1 billion in mortgage-backed securities, ruling the investors had signed over their right to sue the banking giant to the trustee of the trusts that holds the securities....

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