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Montgomery v. Bank of America Corporation et al
Case Number:
1:10-cv-00440
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Bank of America Corp.
- Citigroup Inc.
- Deutsche Bank AG
- Incapital LLC
- JPMorgan Chase & Co.
- Morgan Stanley
Sectors & Industries:
-
March 19, 2012
BofA Dodges Class Suit Over 2008 MBS Risk Tally
A New York federal judge on Friday dismissed a putative class action alleging Bank of America Corp. duped investors about its risks in the secondary mortgage market in 2008, faulting the plaintiffs for claiming the bank's opinion-based loss estimates were untrue.
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February 09, 2012
BofA Didn't Dupe Investors On MBS Losses: Judge
A New York federal judge on Thursday recommended the dismissal of a putative class action alleging Bank of America Corp. reaped $15.8 billion in three 2008 stock offerings without disclosing massive losses in the secondary mortgage market.