Bank Of America Sued For Alleged Fraud

Bank Of America Sued For Alleged Fraud

The biggest U.S. lender, Bank of America Corp., is facing a securities fraud lawsuit filed by several investors, including BlackRock Inc.  Countrywide, a subsidiary of BAC, allegedly gave false information to its shareholders in regards to its finances and lending practices.
http://web-images.chacha.com/bank-of-america-fraud-department/bank-of-america-fraud-department-oct-13-2010-200.jpg
Initially, investors […]