The US Securities and Exchange Commission (SEC) announced Tuesday that it had reached a $137 million settlement agreement with Bank of America (BOA) over fraud charges for using anti-competitive bidding processes...
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Federal judge approves $150 million SEC-Bank of America settlement fund
The US Securities and Exchange Commission (SEC) announced Wednesday that a judge in the US District Court for the Southern District of New York has approved a fund set up by Bank of America (BOA)...
Federal judge rejects SEC-Citigroup subprime mortgage settlement
A federal judge on Monday rejected a $75 million settlement reached between Citigroup and the US Securities and Exchange Commission (SEC) last month to resolve charges of misleading investors about Citigroup's exposure to...
Goldman Sachs reaches record $550 million settlement with SEC
Goldman, Sachs & Co. on Thursday agreed to a $550 million settlement with the US Securities and Exchange Commission (SEC) to resolve charges that they marketed a subprime...
Bank of America subsidiary reaches $108 million settlement with FTC
Bank of America (BOA) subsidiary Countrywide Home Loans, Inc. on Monday reached a $108 million settlement agreement with the Federal Trade Commission (FTC) to resolve charges that the subsidiary collected excessive fees from...
Federal judge approves $150 million SEC-Bank of America settlement agreement
A judge in the US District Court for the Southern District of New York on Monday accepted a $150 million dollar settlement agreement between the Securities and Exchange Commission (SEC) and Bank of...
New York AG sues Bank of America for misleading shareholders
The New York Office of the Attorney General on Wednesday filed civil charges against Bank of America (BOA) , former CEO Ken Lewis, and former CFO Joseph Price, alleging that the bank misled investors in...
SEC files new charges against Bank of America for failing to disclose losses
The US Securities and Exchange Commission (SEC) filed new charges Tuesday against Bank of America (BOA) , alleging that the company failure to disclose to its shareholders "extraordinary losses" at Merrill Lynch...
Federal judge rejects SEC-Bank of America settlement, orders trial
A judge in the US District Court for the Southern District of New York on Monday rejected a $33 million settlement agreement between the Securities and Exchange Commission (SEC) and Bank...
Federal judge rejects Bank of America settlement agreement with SEC
A federal judge on Wednesday refused to accept a $33 million settlement agreement reached this week between the Securities and Exchange Commission (SEC) and Bank of America . The SEC charged BOA...