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Opponents Of $8.5 Billion BofA Settlement Allowed To Have Access To Some Records -Reuters

DOW JONES NEWSWIRES Investors opposing an $8.5 billion settlement with Bank of America Corp. (BAC) are allowed to access some of the records of discussions that led to the deal, Reuters reported Wednesday, citing the attorney for investors who supported the deal. The proposed deal would resolve claims over mortgage bonds issued by Countrywide Financial Corp., which was bought by Bank of America in 2008. BlackRock Inc. (BLK) and MetLife Inc. (MET) are among the institutions who have agreed to the settlement, while American International Group Inc. (AIG) is among those who oppose it, according to the report. Full story at http://www.reuters.com/article/2012/05/09/us-bofa-settlement-idUSBRE8481AK20120509?type=companyNews -Dow Jones Newswires; 212-416-2900

Stock News for Bank of America (BAC)
DateTimeHeadline
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02/26/201518:48:36Thain Says CIT's Acquisition Wouldn't Make the Bank Too Big to...
02/26/201517:36:16Penn Virginia Exploring Sale of Company -- 3rd Update
02/26/201517:16:40Two Bank of America Directors Won't Seek Re-Election
02/26/201512:48:51Penn Virginia Exploring Sale of Company -- 2nd Update
02/26/201509:19:10Penn Virginia Exploring Sale of Company -- Update
02/25/201519:36:41Bank of America Settles Fontainebleau Las Vegas Lawsuit -- Update
02/25/201519:03:11Morgan Stanley to Pay $2.6 Billion to Settle Mortgage Cases...
02/25/201518:53:11Bank of America Settles Fontainebleau Las Vegas Lawsuit

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