Search for: "Bank of America Corporation"
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7 Dec 2011, 8:12 am
[JURIST] Bank of America (BOA) [corporate website] agreed Monday to pay $315 million in a settlement of claims brought by investors alleging they were misled with respect to mortgage-backed investments. [read post]
8 Nov 2011, 7:22 am
[JURIST] A senior judge for the US District Court for the Southern District of Florida [official website] on Monday gave final approval to a $410 million settlement in the class action suit against Bank of America (BOA) [corporate website] for overdraft fees that affected more than 13 million people. [read post]
3 Aug 2009, 1:23 pm
On August 3, 2009, the Securities and Exchange Commission ("SEC") announced that it was entering into a Consent Judgement with Bank of America Corporation ("BoA" or the "Company") in connection with the Company's issuance of a joint proxy statement filed with the SEC as to BoA's acquisition on Merrill Lynch & Co., Inc. [read post]
19 Nov 2020, 12:07 pm
Morgan State University received $1 million from Bank of America as a part of the corporation’s $25 million initiative to promote high-demand job skills among Black and Latino students. [read post]
12 Mar 2012, 2:30 am
Bank of America, Fannie Mae break up As described on TheNicheReport.com last week, the rising number of allegedly flawed mortgage loans sold to Fannie Mae by Bank of America has created a rift between these two behemoths, each of which was bailed out by the U.S. government when the American real estate bubble burst. [read post]
25 Jan 2008, 12:38 am
Polking began his 34-year tenure with Bank of America in 1970, when he joined NCNB Corporation as the bank's second lawyer. [read post]
6 Sep 2016, 2:42 pm
NOT Bank of America. [read post]
12 Jan 2015, 7:45 am
In what is being considered a record, landmark case, a former bank executive at Countrywide Financial (now owned by Bank of America Corporation) was awarded $57 million for exposing the presence of fraud in the company’s mortgage practices. [read post]
19 Aug 2014, 1:12 am
In 2012, Bank of America operated more than 300 subsidiaries incorporated in offshore tax havens like the Cayman Islands, which has no corporate taxes. [read post]
19 Aug 2014, 1:12 am
In 2012, Bank of America operated more than 300 subsidiaries incorporated in offshore tax havens like the Cayman Islands, which has no corporate taxes. [read post]
4 Feb 2009, 6:09 am
” Article Posted in Company News, Layoffs Tagged: Bank of America, corporate restructuring, Layoffs, Linkedin [read post]
6 Aug 2008, 2:54 pm
Currently, banks organized as LLCs are taxed as a corporation by the IRS. [read post]
5 Nov 2013, 7:22 am
Copyrighted Material by The Pate Law FirmA former bank teller at Bank of America, acquitted on criminal theft charges, reached a $600,000 settlement with the bank last month in her lawsuit for malicious prosecution. [read post]
3 Apr 2015, 3:50 pm
On April 2, 2015, plaintiffs BNP Paribas Mortgage Corporation and BNP Paribas and defendant Bank of America filed a Joint Stipulation of Dismissal with Prejudice stating that both parties had reached an agreement to settle claims arising out of Bank of America’s handling of $480.7 million worth of mortgage-backed notes issued by Taylor Bean and Whitaker’s Ocala Funding LLC. [read post]
14 Jan 2009, 6:39 pm
Here's a little bit of news on the ongoing Big Heist, from video-journalist Robert Greenwald, on how the Bank of America used the $25 Billion in bailout funds our supposed representatives in Washington have already given to it: Taxpayers have given Bank of America $25 billion in bailout funds to help jumpstart our economy, but instead the bank has misspent on executive salaries and corporate [read post]
9 Jun 2009, 2:13 pm
Bank of America has reached an agreement with the California Department of Corporations to "facilitate" the return of more than $3 billion to clients in that state who purchased auction rate securities, the Journal said. [read post]
24 Apr 2009, 6:32 am
Ken Lewis, Bank of America’s CEO, has testified under oath to threats by former Secretary of the Treasury Hank Paulson to remove the Bank’s Board of Directors and its management if the Bank didn't close its deal to acquire Merrill Lynch, and secret promises to support the Bank with federal funds if it did close the transaction. [read post]
31 Jan 2014, 11:52 am
[JURIST] A New York state judge on Friday approved an $8.5 billion settlement between Bank of America (BOA) [corporate website] and almost two dozen mortgage securities investors, holding that the 2011 agreement was reached in good faith. [read post]
10 Aug 2005, 5:48 am
Kaplan of the US District Court for the Southern District of New York [official website] has ruled that Parmalat [corporate website] can proceed with its lawsuit against Bank of America [corporate website] though he dismissed most of the Italian dairy company's claims. [read post]
16 Aug 2007, 6:19 am
The latest is the news that JP Morgan Chase and Bank of America, together with two private equity firms, have struck a deal to buy the largest student loan corporation, SLM Corp., commonly known as Sallie Mae. [read post]
