BofA Loses Bid For Interlocutory Appeal In MDL

Law360, New York (October 11, 2010, 3:56 PM EDT) -- Defendants in multidistrict litigation over Bank of America Corp.’s acquisition of Merrill Lynch & Co. Inc. have lost a bid for an interlocutory appeal of a ruling that sought to determine whether investors could proceed with claims that the companies failed to disclose key details about the deal.

Judge Kevin Castel of the U.S. District Court for the Southern District of New York on Friday shot down motions by the banks and their current and former executives to certify for appeal three questions about the remaining...
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