[JURIST] Bank of America Corp. said Thursday that it will pay $460.5 million to settle class-action lawsuits brought against it by former shareholders of WorldCom. In a statement released by the company today, Bank of America denies any wrongdoing and emphasized that the settlement will "eliminate the uncertainties, expense and distraction" of protracted litigation. Last year, Citigroup Inc. paid $2.58 billion to settle class-action suits stemming from the 2002 collapse of WorldCom. A trial in the case had been scheduled to begin Feb. 28, but was recently postponed to March 17. AP has more.