Lawsuit Overview
Bank of America (NYSE: BAC) employees earlier this week filed a class-action lawsuit against their employer Bank of America (NYSE: BAC) and other 401(k) Plan fiduciaries, claiming the banking giant misled them and other shareholders about the impact of its Dec. 5, 2008 acquisition of Merrill Lynch, a move that the suit claims caused BAC shares to plunge in value, causing the employees...
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