Bank of America MBIA lawsuit News

BofA CEO Moynihan, Ex-CEO Lewis Facing Mortgage Disclosures Suit

A federal judge has revived a securities fraud lawsuit accusing Bank of America Corp. Chief Executive Brian Moynihan, his predecessor Kenneth Lewis, and others of misleading shareholders about the risk the bank might have to buy back large amounts of …

Bank of America Sues Bond Insurer MBIA Over Tender Offer

Bank of America Corp. has sued bond insurer MBIA Inc. in a New York state court for allegedly interfering with a tender offer to buy MBIA’s bonds. At issue is a change MBIA sought to make to the terms of …