Bank of America paid $315 million to settle crisis-era lawsuits

In 1998 Bank of America agreed to pay $187 million to settle the case. Merging with NationsBank. After a particularly rough period stemming from exposure to third world debt and other risky loans, Bank of America resumed an aggressive growth posture, taking over its California rival Security Pacific in 1992 and failed thrifts in various western states.

HSBC Holdings Plc will pay $765 million to settle allegations that it sold defective residential mortgage-backed securities, resolving one of the last remaining U.S. investigations stemming from the mortgage meltdown a decade ago.

Bank of America to Pay $110,000 to Resolve eeoc disability discrimination suit chicago – Bank of America will pay $110,000 to a former temporary worker and provide other equitable relief under a consent decree resolving a disability discrimination case brought by the U.S. Equal employment opportunity commission (eeoc), the agency announced today.

Bank of America Corp. agreed to pay $315-million (U.S.) to settle claims by investors who. A Bank of America spokesman did not immediately respond to requests for comment on the settlement. Lawyers.

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 · (Spencer Platt/Getty Images) A federal judge on Wednesday ordered Bank of America to pay $1.27 billion in damages over thousands of defective mortgages sold by its Countrywide Financial unit, delivering a win for the government in one of the few major trials stemming from the financial crisis.

By Brandon Lowrey. Law360, Los Angeles (May 5, 2015, 8:58 PM EDT) — Bank of America has paid $315 million to settle lawsuits brought by Deutsche Bank AG and BNP Paribas Mortgage Corp. over BofA’s handling of hundreds of millions of dollars in mortgage-backed notes, according to a recent Securities and exchange commission filing.

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A federal judge has given final approval to Bank of America Corp’s agreement to pay $315 million to settle claims by investors who said they were misled about mortgage securities offerings by its.

Bank of America Corp. agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and BNP Paribas Mortgage Corp.

The settlement is the latest struck between banks and investors in the fallout from the MBS boom and bust. In December, Bank of America Corp’s Merrill Lynch unit agreed to pay $315 million to resolve.