Shareholder Suits news from FierceFinance

Something has been overlooked a bit in Judge Jed Rakoff's rejection of the SEC's $33 million settlement with Bank of America: The whole concept of shareholder suits. One reason the judge rejected... Read more...

Bank of America's role in the massive losses at Merrill Lynch has been hotly debated. Shareholder suits have accused Bank of America CEO Ken Lewis of withholding information about a huge loss in the... Read more...