Investors Ask To Revive Poolwide Claim In $1.75B BofA Row

Law360, New York (October 21, 2013, 6:52 PM EDT) -- Investors suing Bank of America Corp. over alleged problems in a $1.75 billion pool of mortgage-backed securities asked a New York judge on Monday to clarify that they can sue for securitieswide issues, even though the judge had dismissed a breach of contract claim.

Michael M. Fay of Kasowitz Benson Torres & Friedman LLP, who represents investors through the securities' trustee, U.S. Bank NA, asked Judge Eileen Bransten on Monday to clarify her May ruling, in which she tossed U.S. Bank's claim that sought to force...
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