Bank of America (BAC) has to pay a $2.43B settlement for a class action lawsuit over its buyout of Merrill Lynch. Consider also that BofA is still facing potential a civil fraud lawsuit from the state of New York. A brief history of this acquisition reveals that it cost $20B initially, then forced BofA to […]
View the full post at: Bank of America (BAC) Still Paying for Merrill Buyout via Lawsuits