December 16, 2010
A federal judge has given Bank of America Corp. until Friday to respond to claims that it did not bother talking to plaintiffs in a sweeping multidistrict litigation when it negotiated a $137.3 million settlement with 20 state attorneys general over allegations of bid-rigging in the municipal bond derivatives market.
May 21, 2010
The Sacramento Municipal Utility District has abandoned its claims against two units of independent financial and investment advisory services company The PFM Group in multidistrict litigation over the alleged price-fixing of municipal bonds.
May 04, 2010
A federal judge has denied reconsideration of an earlier decision not to dismiss bond insurer MBIA Inc. from multidistrict litigation over the role of dozens of financial services giants in alleged price-fixing of municipal bonds.