Buy Movies & Books |Subscribe|Bookmark|Follow Us

My Account|About Us|Contact Us|Staff|Place an Ad
Home > Columnists >
April 23, 2012

Another BofA settlement is challenged


Lawsuit between Bank of America and two pension funds involve Bank of America's purchase of Merrill Lynch during the height of the financial crisis. (UPI/Alexis C. Glenn)

NEW YORK (UPI) -- A settlement over a class-action lawsuit between Bank of America and two pension funds is being challenged by lawyers in another case, court papers say.

Bank of America is reportedly settling the case with Louisiana Municipal Police Employees' Retirement System and the Hollywood (Florida) Police Officers' Retirement System for $20 million, The New York Times reported Saturday.

But lawyers for plaintiffs in a similar case in Delaware are saying the damages go as high as $5 billion. The New York case, essentially, is being settled safely, within the boundaries of BofA's insurance policies.

The settlement would also eliminate any settlement in the Delaware case, the Times said.

The lawsuits involve Bank of America's purchase of Merrill Lynch during the height of the financial crisis.

The case has already gone through federal courts. The Securities and Exchange Commission reached a settlement of $33 million on the matter, which federal Judge Jed Rakoff refused to sign.

Rakoff challenged that settlement saying it was a slap on the wrist and would end up punishing shareholders, rather than those who made the decision to withhold information that should have been made available to shareholders when BofA bought Merrill Lynch.

That would have made the shareholders victims twice, Rakoff said at the time.

Rakoff later agreed to a settlement of $150 million in that case.

In the current challenge of the New York settlement, court papers say lawyers for the pension funds have done little to make their case, deposing only two of BofA's 16 board members.

In Delaware, lawyers have filed 48 depositions, having deposed all 16 of the bank's directors, the Times reported.

Comments :

Michaelarorm


07/17/2017
wh0cd415901 asacol where can i buy vermox amoxil fluoxetine tadacip online parlodel drug furosemide generic prozac price

BennypoP


07/30/2017
wh0cd67766 benadryl

KolyaExpip


08/03/2017
best prices on viagra http://buyviagraiuonline.com/ - buy viagra online online viagra much does 100mg viagra cost

VolodimExpip


08/03/2017
comprar cialis barato http://cialisuyonline.com/ - cialis online online cialis muestras de cialis y descuento

KolyaExpip


08/03/2017
do viagra soft tabs work http://buyviagraiuonline.com/ - cheap viagra generic viagra viagra prices uk

MoisesExpip


08/05/2017
pricelist of viagra tablet buy generic viagra buy generic viagra generika viagra online kaufen

MoisesExpip


08/05/2017
ereccion con viagra cheap viagra generic viagra online viagra cialis espana

GenaExpip


08/07/2017
only now viagra 6 free samples viagra online cheap viagra buy viagra sale online

GenaExpip


08/08/2017
when was viagra first sold viagra buy generic viagra i use it natural viagra pills

YuliaExpip


08/08/2017
cialis tabs online sales http://canadiangcialisonline.com/ - tadalafil online tadalafil online cialis i migliori

MoisesExpip


08/09/2017
viagra canadian pharmacies viagra cheap buy viagra 20comprarviagra

YukiExpip


08/10/2017
ebay levitra cialis generic cialis cilais price cialis 20mg a day

MoisesExpip


08/10/2017
generic cialis complaints http://cialisnoscriptg.com/ - generic cialis online cialis cialis uk precio

MoisesExpip


08/11/2017
prix cialis tunisie http://cialisnoscriptg.com/ - buy cialis online buy cialis cialis eu kaufen

GermanExpip


08/11/2017
cialis viagra pfizer price viagra price viagra generic viagra online prices pakistan

MoisesExpip


08/11/2017
commander cialis en europe http://cialisnoscriptg.com/ - cheap cialis cialis without doctor prescription australia cialis online

GermanExpip


08/12/2017
confronto viagra levitra buy viagra online online viagra rx discount viagra india

GenolExpip


08/12/2017
how much viagra cost in india http://viagraonlineops.com/ - buy viagra online viagra generic what is viagra generic

SofiyaExpip


08/15/2017
only here cialis refractory http://cialisactiveokl.com/ - discount cialis cialis cheap cialis em farmacias

SofiyaExpip


08/15/2017
what does cialis 5mg cost http://cialisactiveokl.com/ - cheap cialis cialis cheap cialis 20mg en france

SofiyaExpip


08/15/2017
price viagra singapore viagra generic viagra 100mg viagra delivered to australia

MoisesExpip


08/17/2017
cialis.co http://buyxocialishnline.com/ - cialis cheap cialis online cialis 10 mg lowest price

DollyExpip


08/17/2017
ordering cialis online canada cialis canada cialis online cialis increase dosage

DennExpip


08/18/2017
store online viagra viagra online viagra cheap online viagra canadian real

DollyExpip


08/18/2017
1canada cialis generic buy cialis online canadian cialis deutschland cialis paypal

MoisesExpip


08/18/2017
only for you cheap 25mg cialis http://cialisonlinehocheap.com/ - cheap cialis cialis cialis baratos australia

MoisesExpip


08/19/2017
cialis jeune http://cialisonlinehocheap.com/ - canadian cialis cialis without doctor prescription cialis da 10 o 20 mg

GoilExpip


08/19/2017
auftrag generisches viagra generic viagra buy viagra online wow look it viagra for her

MoisesExpip


08/19/2017
buy 8 cialis 20mg tablets cialis online cheap cialis cialis da 10 o 20 mg

GoilExpip


08/21/2017
good choice real viagra online buy viagra viagra wholesale viagra 15 pills

MoisesExpip


08/21/2017
cialis tadalafila 20 mg bula http://cheapgcialisonline.com/ - buy cialis online buy generic cialis cialis pharmacy berlin

GoilExpip


08/21/2017
recommended site use viagra generic viagra viagra generic viagra a quel prix

NoilExpip


08/21/2017
cialis generic for cheap cialis online discount cialis cialis what does it cost

MoisesExpip


08/21/2017
cialis informazioni http://cheapgcialisonline.com/ - cialis online cheap cialis online cost of cialis once a day

NoilExpip


08/22/2017
real cialis buy cialis online cheap cialis billige cialis online kaufen

MoisesExpip


08/24/2017
cialis 20mg price http://buyxocialishnline.com/ - cialis buy cialis buy cialis generic canada pharmacy

MoisesExpip


08/25/2017
generic cialis tadalafil uk eu http://buyxocialishnline.com/ - cialis cheap buy cialis cutting 20mg cialis in half

MoisesExpip


08/26/2017
cialis studies http://buyxocialishnline.com/ - cialis online cialis online commander cialis sur interne

TramExpip


08/28/2017
cialis disfuncion erectil http://gencialishs.com/ - buy cialis cheap cialis online uk cialis professional

MaoisesExpip


08/28/2017
payday loans cambridge ma http://paydayfastnowz.com/ - loans for bad credit payday loans cash advance in north olmsted ohio

MoledExpip


08/28/2017
discount price cialis buy cialis cheap cialis can i take cialis everyday

LowerExpip


08/29/2017
best way to take viagra generic viagra viagra online india for pills in viagra

MoledExpip


08/29/2017
lilly cialis 20 cialis cheap cialis cheap next cialis day soft

LowerExpip


08/30/2017
buy female viagra online india viagra online viagra cheap can i take two 100mg viagra

MoledExpip


08/30/2017
cialis philippines sulit buy cialis cialis no rx cialis in canada

BennypoP


09/01/2017
buy cialis online

BennypoP


09/01/2017
cialis

KennethPhony


09/02/2017
generic viagra cialis

Fwnaecfrisa


12/08/2017
500 payday loan - https://paydayloans-online.us.org/ instant online payday loan [url=https://paydayloans-online.us.org/]payday loans online[/url] ’

Rvgbyltrima


12/08/2017
installment loan - https://payday-loans.us.org/ get loan [url=https://payday-loans.us.org/]payday loans direct lenders[/url] ’

Ltvyhthamma


12/08/2017
one hour payday loan online payday loan home loans today [url=https://payday-loans-online.us.org/]payday loans[/url] ’

Kdbccfpheld


12/09/2017
bad payday loans http://paydayloansonlinenow.us.com/axcess payday loans [url=http://paydayloansonlinenow.us.com/]pay day loans[/url]

Munbsambupe


12/10/2017
instant cash personal loan - http://paydayloans-online.us.com/ ameriloan payday loans [url=http://paydayloans-online.us.com/]online payday loan[/url] ’

Fzqqwfrisa


12/10/2017
where to buy writing paper - https://onlinedissertationehyd.technology/ professional writing assistance [url=https://onlinedissertationehyd.technology/]editing dissertation services[/url] ’

Lolmhthamma


12/11/2017
write my assignment academic writers cheapest custom essay writing [url=https://writingacademicessaysney.technology/]cheap academic writing[/url] ’

FamybfToloM


12/11/2017
http://cialisonlinemane.com/ cialis everyday [url=http://cialisonlinemane.com/]buy generic cialis[/url] cialis daily 5mg cialis 20mg

Rdnkkyltrima


12/11/2017
https://onlineloansdkan.com/online payday advance loans [url=https://onlineloansdkan.com/]online payday loans direct lenders[/url] same day payday loans no credit check 3 month payday loans

Vbsfyethith


12/12/2017
http://genericviagracelak.com/ viagra pill splitter [url=http://genericviagracelak.com/]canadian pharmacies[/url] cheap generic viagra canada pharmacy

Msbtagoche


12/13/2017
http://viagraonlineakenc.com/does viagra work [url=http://viagraonlineakenc.com/]cheap viagra[/url] where can you buy viagra canadian pharmacies

FarimfToloM


12/13/2017
http://cialisoakdm.com/cialis daily 5mg [url=http://cialisoakdm.com/]tadalafil cialis[/url] cialis one a day cialis without prescription

Unrebbcanerse


12/14/2017
http://viagraazmhj.com/ viagra directions [url=http://viagraazmhj.com/]what is viagra[/url] cheap brand name viagra viagra cost

LbvwQuiell


12/14/2017
http://cialisovnsm.com/cheapest cialis [url=http://cialisovnsm.com/]online cialis[/url] effects of cialis on women cialis professional

Vbsfynethith


12/14/2017
http://viagraonszb.com/ viagra tablets for sale [url=http://viagraonszb.com/]buy viagra online[/url] buy viagra soft tabs buy viagra

Msnbtagoche


12/15/2017
http://viagrakjkmn.com/female viagra [url=http://viagrakjkmn.com/]canadian pharmacy online[/url] real viagra online canadian pharmacies

FarimbfToloM


12/15/2017
http://cialiseiand.com/cialis canada no prescription [url=http://cialiseiand.com/]cialis generic[/url] cheap cialis soft tabs cheap generic cialis

Ecrbethith


12/16/2017
http://genericviagracelak.com/ mail order viagra [url=http://genericviagracelak.com/]canadian pharmacy online[/url] cheap viagra online without prescription discount viagra

LbvnwQuiell


12/16/2017
http://cialisonlinemane.com/cialis free trial offer [url=http://cialisonlinemane.com/]cialis sale[/url] order cialis online no prescription cialis soft

Your Name:
A value is required.

Comment: A value is required.

Please Enter Security Code:
security code

Top Movies & Books
Local & State:

HIFF Celebrates Third and Possibly Final Year in Middletown


Boys and Girls Club of Wayne


New Scandals Show Obama’s Contempt for the Constitution


The Wayne Public Library


Vila Verde